Business, 23.04.2020 16:50, aprilreneeclaroxob0c

The board of directors of Larkspur Company declared a cash dividend of $1.15 per share on 40000 shares of common stock on July 15, 2017. The dividend is to be paid on August 15, 2017, to stockholders of record on July 31, 2017. The effects of recording the payment of the dividend on August 15, 2017, are to

a. decrease liabilities and decrease assets.

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The board of directors of Larkspur Company declared a cash dividend of $1.15 per share on 40000 shar...