________ refers to an extraneous variable attributable to changes in the test units themselves that occur with the passage of time

What is an example of self-serving bias?

What will be an ideal response?

Hernandez Company has 490,000 shares of $10 per value common stock outstanding. During the year, Hernandez declared a 10% stock dividend when the market price of the stock was $30 per share. Four months later Hernandez declared a $.50 per share cash dividend. As a result of the dividends declared during the year, retained earnings decreased by

a. 1,739,500 b. 735,000 c. 269,500 d. 245,000