Question textCompany Giga declared a cash dividend in December 2016, payable in March 2017. Retained Earnings wouldSelect one:a. increase on the date of payment.b. decrease on the date of declaration. c. increase on the date of declaration.d. decrease on the date of payment.FeedbackYour answer is correct.The correct answer is: decrease on the date of declaration.
CorrectMarks for this submission: 10.00/10.00.Question 23CorrectMark 10.00 out of 10.00Flag questionQuestion textCompany Giga pays 5 shares of stock in Company Jojo to each of Giga's shareholder. This is an example of:
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