and decrease 52) Stock dividends increase A) assets, liabilities B) common shares, assets C) common shares, retained earnings D) retained earnings, assets upon the distribution 52) A shareholders' ownership percentage in the shares of a corporation of a stock dividend. A) increases B) decreases C) can increase or decrease depending on the type of stock dividend D) will stay the same 53) When a corporation declares a 15% stock dividend, retained earnings will be: A) debited for the new shares times the average issue price of all of the existing shares B) debited for the new shares times the current market value of the shares C) credited for the new shares times the book value of the shares D) credited for the new shares times the current market value of the shares