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Which of the following statements are true regarding dividends? (You may select more than one answer. Single click the box with the question mark to
Which of the following statements are true regarding dividends? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) check all that apply
- A stock dividend commonly indicates management's confidence that the company is doing well.
- A stock dividend increases the number of outstanding shares.
- The account Paid-in Capital in Excess of Par Value is always credited when a large stock dividend is declared.
- The date of payment reflects the date a cash dividend is paid to stockholders.
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