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An owner of 2 , 5 0 0 shares of Simmons Company common stock receives a stock dividend of 5 0 shares. a . What
An owner of shares of Simmons Company common stock receives a stock dividend of shares.
a What is the effect of the stock dividend on the stockholder's proportionate interest equity in the corporation?
b How does the total equity of shares compare with the total equity of shares before the stock dividend?
a Where should a declared but unpaid cash dividend be reported on the balance sheet?
b Where should a declared but unissued stock dividend be reported on the balance sheet?
What is the primary purpose of a stock split?
A corporation reacquires shares of its own $ par common stock for $ recording it at cost
a What effect does this transaction have on revenue or expense of the period?
b What effect does it have on stockholders' equity?
The treasury stock in Discussion Question is resold for $
a What is the effect on the corporation's revenue of the period?
b What is the effect on stockholders' equity?
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