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6) A small stock dividend is defined as one that is: A) Less than or equal to 40%. B) Less than 40%. C) Less than

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6) A small stock dividend is defined as one that is: A) Less than or equal to 40%. B) Less than 40%. C) Less than or equal to 10%. D) Less than 25%. 7) When a company issues a stock dividend, which of the following would be affected? A) Earnings per share. B) Total assets. C) Total liabilities. D) Total shareholders' equity 8. Under the effective interest method of bond discount or premium umortization, the periodic interest expense is equal to a the stated (nominal) rate of interest mlipied by the face vahue of the bonds. b the mmet rate ofinterest multiplied by te fac e value oftebonds. c. the stated rate multiplied by the beginning of period carrying mort of te bonds. d. the market rate mutiplied by the begimning-of-pecriod carying amount of the bonds. 9.The primting costs snd legal fos associnted writh the issuanos of bonds should a be expensed when inounred. b. be reported as a deduction from the face amount of bonds payable. c be accumiated in a deiuurd charge acoount and amortized over the lite of te bonds d. not be reparted as an expense until the period the bonds mature or ure retired. 10.The geaenly asopted method of accounting for gains or losises from tie eariy extinguishment of debt treats any,gain or loss as a an adjustment to the cost basis of the asset obtained by the debt issus

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