Question
A stock dividend is issued for the following reasons except : A. to continue dividends but conserve cash B. to reduce totalshareholders' equity C. to
A stock dividend is issued for the following reasons except:
A. to continue dividends but conserve cash
B. to reduce totalshareholders' equity
C. to reduce the pershare market price of the shares
D. to increase the shares account and decrease Retained Earnings
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Michael J. Atkins, Donald E. Kieso, Paul D. Kimmel, Valerie Ann Kinnear, Barbara Trenholm, Joan E. Barlow
1st Canadian Edition
1118757149, 978-1118757147
