Which of these statements about stock divi- dends is true? (a) Stock dividends reduce a company's cash
Question:
Which of these statements about stock divi- dends is true?
(a) Stock dividends reduce a company's cash balance.
(b) A stock dividend has no effect on total stockholders' equity.
(c) A stock dividend decreases total stockhold- ers' equity.
(d) A stock dividend ordinarily will increase to- tal stockholders' equity.
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Financial Accounting Tools For Business Decision Making
ISBN: 9780471691952
3rd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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