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  • 1.  CMA Pop Quiz- Q&A 218

    Posted 02-16-2018 09:12 AM

    CMA Pop Quiz: Are you preparing for the #CMA exam? Take our #CMAPopQuiz!

    Donovan Corporation recently declared and issues a 50% stock dividend. This transaction will reduce the company's

    a. current ratio.
    b. book value per common share.
    c. debt-to-equity ratio.
    d. return on operating assets.




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    Christine Purelis
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  • 2.  RE: CMA Pop Quiz- Q&A 218

    Posted 02-17-2018 11:51 AM
    CMA Pop Quiz: How did you do on our #CMAPopQuiz? #CMA

    Solution: B

    Because a stock dividend increases the number of common shares outstanding, Donovan's book value per common share will decrease.


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    Christine Purelis
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