Webster's Board of Directors declares a $10 per share cash dividend on the 2 million outstanding shares of common stock. on December 15th. The dividend will be paid on February 15th, to stockholders of record on Jan 15th. What happens to stockholders equity on the date of declaration of a dividend? A. Stockholders equity decreases B. Stockholders equity increases C. Cash decreases D. Liabilities decrease E. Nothing happens.

Webster's Board of Directors declares a 510 per share cash dividend on the 2 milion outstanding shares of common stock. on Dectember 15th. The dividend wir be paid on February 15th, to stocktholders of record on Jan 15th, what happens to stockholders equity on the date of deciaration of a dividend? A. Stockholders equily decreases B. Stockholders equity increases C. Cash decreasies D. Liabilities decrease E. Nothing happers