Effect of cash dividend and stock split Obj. 3, 4 Indicate whether the following actions would (+)
Question:
Effect of cash dividend and stock split Obj. 3, 4 Indicate whether the following actions would (+) increase, (–) decrease, or (0) not affect Indigo Inc.’s total assets, liabilities, and stockholders’ equity:
Assets Liabilities Stockholders’
Equity
a. Authorizing and issuing stock certificates in a stock split _____________ _____________ _____________
b. Declaring a stock dividend _____________ _____________ _____________
c. Issuing stock certificates for the stock dividend declared in
(b) _____________ _____________ _____________
d. Declaring a cash dividend _____________ _____________ _____________
e. Paying the cash dividend declared in
(d) _____________ _____________ _____________ AppendixLO1
Step by Step Answer:
Corporate Financial Accounting
ISBN: 9781337398176
15th Edition
Authors: Carl Warren, Jefferson Jones