What effect does the declaration of a cash dividend have on the assets, liabilities, and stockholders' equity

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What effect does the declaration of a cash dividend have on the assets, liabilities, and stockholders' equity of the corporation that declares the dividend? What is the effect of the subsequent payment of the cash dividend?

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Financial Accounting

ISBN: 9780256091939

5th Edition

Authors: Kermit D. Larson, Paul B. W. Miller

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