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Time left 0:44:4 bion 1 Indicate the effect of liquidating dividends on net income. et ered sout of Select one: O a. Increase O b.

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Time left 0:44:4 bion 1 Indicate the effect of liquidating dividends on net income. et ered sout of Select one: O a. Increase O b. Decrease O c. No effect og question son 2 Het ered The Rendezvous Company issues common and preferred shares in a lump-sum sale. Total cash received is $900. s out of ng question Total Par Value Total Market Value Common $100 $400 Preferred $80 $600 In recording the sale, what is the amount of Additional Paid-in-Capital on Common Stock? Select one: O a. $420 O b. $500 O c. $260 O d. $360 O e. $300

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