What the date of declaration for cash dividends is

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Problem 1: Dividends from common stock must be subtracted from after-tax earning to start calculating earnings per share (EPS). (T/F)

Problem 2: Treasury stock is on the income statement as an asset for a corporation. (T/F)

Problem 3: The date of declaration for cash dividends is:

a) the date the board of directors pays a dividend.
b) the date the board of directors determines who will receive dividends.
c) the date that creates a liability for the company.
d) None of these answers is correct.

Reference no: EM132835408

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