試題詳解

14. ABC Company has 200,000 shares of €10 par value ordinary shares outstanding. During the year ABC declared a 80% share dividend when the market price of the shares was €32 per share. Two months later ABC declared a €.60 per share cash dividend. As a result of the dividends declared during the year, retained earnings decreased by:
(A) €1,696,000.
(B) €1,720,000.
(C) €1,816,000.
(D) €5,336,000.