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Samantha Clark
on Nov 15, 2024

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Dividends declared

A) increase assets.
B) increase expenses.
C) decrease revenues.
D) decrease retained earnings.

Dividends Declared

Profits distributed by a company to its shareholders out of its earnings, based on the number of shares owned.

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to shareholders, often reinvested in the business or kept as a reserve.

  • Comprehend the effect of dividends on retained earnings.
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Dylan RileyNov 18, 2024
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