Bal Corp. declared a $25,000 cash dividend on May 8, 20X5, to stockholders of record on May 23, 20X5, payable on June 3, 20X5. As a result of this cash dividend, working capital
a) Was not affected.
b) Decreased on June 3.
c) Decreased on May 23.
d) Decreased on May 8.
Answers: 1
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Business, 22.06.2019 17:30
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Bal Corp. declared a $25,000 cash dividend on May 8, 20X5, to stockholders of record on May 23, 20X5...
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