Please fill in the blanks. 1. ___________________________ may be declared and paid in cash or stock. 2.
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1. ___________________________ may be declared and paid in cash or stock.
2. Net income kept in the business and not paid in dividends goes into the ______________________________ account on the balance sheet.
3. In preparing a statement of cash flows, an increase in the Common Stock and Treasury Stock accounts during a period would be a ___________________ activity.
4. A sign of distress a company may experience before bankruptcy is _________.
Expert Answer:
Answer 1 Dividends may be declared and paid in cash or stock 2 Retained earnings RE is the ... View the full answer
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