A feature common to both stock splits and stock dividends is Select one: a. That there is no effect on total stockholders' equity b. A reduction in the contributed capital of a corporation c. An increase in total liabilities of a corporation d. A reduction in the retained earnings balance e. A transfer to earned capital of a corporation
A feature common to both stock splits and stock dividends is Select one: a. That there is no effect on total stockholders' equity b. A reduction in the contributed capital of a corporation c. An increase in total liabilities of a corporation d. A reduction in the retained earnings balance e. A transfer to earned capital of a corporation
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 16MCQ
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A feature common to both stock splits and stock dividends is
Select one:
a. That there is no effect on total stockholders' equity
b. A reduction in the contributed capital of a corporation
c. An increase in total liabilities of a corporation
d. A reduction in the retained earnings balance
e. A transfer to earned capital of a corporation
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