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Which of the following statements about dividends is not true? Multiple Choice Dividends
represent a sharing of corporate profits with owners. Both stock dividends and cash dividends
decrease retained earnings. Cash dividends paid to shareholders decrease net income. Dividends
are declared at the discretion of the board of directors.

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Which of the following statements about dividends is not tru.pdf

  • 1. Which of the following statements about dividends is not true? Multiple Choice Dividends represent a sharing of corporate profits with owners. Both stock dividends and cash dividends decrease retained earnings. Cash dividends paid to shareholders decrease net income. Dividends are declared at the discretion of the board of directors.