Question
A corporation with $10 par common stock issues a small stock dividend. The capitalization of retained earnings is equal to: Multiple Choice The par value
A corporation with $10 par common stock issues a small stock dividend. The capitalization of retained earnings is equal to:
Multiple Choice
The par value of the shares to be distributed.
The par value of the shares outstanding.
The market value of the shares to be distributed.
The market value of the shares outstanding.
There is no capitalization of retained earnings in the case of a small stock dividend.
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Management Accounting
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Susan Wolcott
2nd Edition
1742166148, 978-1742166148
