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Question 5 (1 point) Which of the following statements is correct in regards to the effect on share capital? Cash dividends increase share capital. Stock
Question 5 (1 point) Which of the following statements is correct in regards to the effect on share capital? Cash dividends increase share capital. Stock dividends increase share capital. Stock splits increase share capital. They all have no effect on share capital. Question 6 (1 point) Which of the following accounts is not reported on the Statement of Changes in Shareholders' Equity? Accumulated Other Comprehensive Income Retained Earnings Goodwill Share Capital Question 7 (1 point) Shares that have been issued and subsequently repurchased but not cancelled are called issued shares. re-issued shares. treasury shares. outstanding shares. Question 8 (1 point) Preferred shares that pay a fixed dividend for as long as the shares remain outstanding are called floating rate shares. rate reset shares. O fixed dividend rate shares. perpetual shares
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