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QUESTION 32 When a company pays a cash dividend that it previously declared (recognizing a liability), which of the following is true ? Stockholders' equity

QUESTION 32

  1. When a company pays a cash dividend that it previously declared (recognizing a liability), which of the following is true?

    Stockholders' equity is decreased.

    Liabilities are decreased.

    Assets are increased.

    None of the above.

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