Question: Please fill in the blanks. 1. ___________________________ may be declared and paid in cash or stock. 2. Net income kept in the business and not

Please fill in the blanks.

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 _________.

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