Question: How does the declaration of a cash dividend affect a company's assets, liabilities, and equity? Assets decrease, Liabilities remain the same, and Stockholders' Equity decreases.

How does the declaration of a cash dividend affect a company's assets, liabilities, and equity? Assets decrease, Liabilities remain the same, and Stockholders' Equity decreases. Assets decrease, Liabilities decrease, and Stockholders' Equity remain the same. Assets remain the same, Liabilities increase, and Stockholders' Equity decreases. Assets remain the same, Liabilities decrease, and Stockholders' Equity decreases

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