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14. A company issues a 10% stock dividend. Before the dividend, 560,000 shares of $1 par value common stock were outstanding; market value was $10
14. A company issues a 10% stock dividend. Before the dividend, 560,000 shares of $1 par value common stock were outstanding; market value was $10 per share at the time of the dividend. What is the effect of the stock dividend on stockholders' equity? a. Increase in the total amount of stockholders' equity b. Decrease in the total amount of stockholders' equity c. No change in the total amount of stockholders' equity d. The answer cannot be determined from the information provided 15. A company sells 900 shares of $0.50 par treasury stock for $9 per share. The cost of the treasury stock was $8 per share. What is the effect of the transaction on stockholders' equity? a. Increase in stockholders' equity b. Decrease in stockholders' equity c. No change in stockholders' equity d. The answer cannot be determined from the information provided 16. The financial records of Warburton Supply Company include the following information for the year ended December 31, 2019: Cash receipt from the sale of land. $26,000 Net Income $62,000 Cash purchase of equipment $36,000 Depreciation expense $4,000 Cash payments of dividends $5,600 Cash receipt from issuance of common stock $25,000 Decrease in current liabilities $10,000 Increase in current assets other than cash $26,000 What is the Net Cash Provided by Operating Activities for 2019
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