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Why is this statement false. Small stock dividends are accounted for at the stock's par value.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter15: Distributions To Shareholders: Dividends And Repurchases

Section: Chapter Questions

Problem 8MC

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Why is this statement false.

Small stock dividends are accounted for at the stock's par value.

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