Question: How does the declaration of a cash dividend affect a company's assets, liabilities, and equity? Question content area bottom Part 1 A. It results in

How does the declaration of a cash dividend affect a company's assets, liabilities, and equity? Question content area bottom Part 1

A. It results in an increase to assets and a decrease to liabilities, while stockholders' equity remains the same.

B. It results in an increase to liabilities and a decrease to stockholders' equity, while assets remain the same.

C. It results in an increase to stockholders' equity and a decrease to assets, while liabilities remain the same.

D. It results in an increase to liabilities and a decrease to assets, while stockholders' equity remains the same.

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