Alpha co. is paying a $.64 per share dividend today. there are 158,000 shares outstanding with a par value of $1 per share. as a result of this dividend, the: a) common stock account will decrease by $138,000 b) capital in excess of par value account will decrease by $101,120 c) retained earnings will decrease by $101,120. d) retained earnings will decrease by $99,360. e) common stock account will decrease by $101,120.
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Alpha co. is paying a $.64 per share dividend today. there are 158,000 shares outstanding with a par...
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