Persons owning stock on the day a dividend is declared receive the dividend.
Correct Answer:
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Q33: A stock dividend causes the firm's
A) assets
Q34: A stock dividend
A) reduces the firm's cash
B)
Q35: Dividends may be paid in
1) cash
2) stock
3)
Q36: Dividend reinvestment plans are
A) a convenient means
Q37: Management may prefer not paying dividends to
A)
Q38: Dividends come at the expense of
A) interest
B)
Q39: Dividends are paid on the
A) declaration date
B)
Q41: Currently the price of a stock
Q42: A company whose stock is selling
Q43: Construct a new balance sheet showing the
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