16,17,18,19

16. Which of these statements is false? wnership of common stock gives the owner a voting right. . The stockholders' equity section begins with paid-in capital The authorization of capital stock does not result in a formal accounting entry d. Legal capital is intended to protect stockholders. Paid-in capital is the total amount of cash and other assets paid in to the corporation by stockholders in exchange for capital stock. True False 18. Corporations acquire treasury stock for various reasons: a. To reissue the shares to officers and employees under bonus and stock compensation plans b. To enhance the stock's market value C. To have additional shares available for use in the acquisition of other companies. d. To increase earnings per share. e. All of the above 19. Which of these statements about stock dividends 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 stockholders' equity. d. A stock dividend ordinarily will increase total stockholders' equity