10 questions 497781

Adequate cash
Approval of stockholders
Declaration of dividends by the board of directors
Retained earnings

long-term liability.
contra stockholders’ equity account to Retained Earnings.
current liability.
stockholders’ equity account.

the market value of the stock on the date of declaration.
the average price paid by stockholders on outstanding shares.
the par or stated value of the stock.
zero.

cash dividend.
liquidating dividend.
stock dividend.
All of these decrease retained earnings.

a cash dividend.
either a cash dividend or a stock dividend.
a stock dividend.
a distribution date.

earnings.
property.
cash.
stock.

expect the market price per share to increase.
own more shares of stock.
expect retained earnings to increase.
expect the par value of the stock to change.

The declaration date
The incorporation date
The record date
The payment date

the market value of the stock on the date of declaration.
the average price paid by stockholders on outstanding shares.
the par or stated value of the stock.
zero.