con 16 et pred Piano Corporation has a current ratio of 2:1. Piano distributes a stock dividend that was previously declared. How will the journal entry to record the distribution affect the Current Ratio and Stockholders' Equity, respectively? s out of a question Select one: O a. Increase, No Effect O b. Decrease No Effect O c. Increase, Increase O d. No Effect, Decrease O e No Effect, No Effect Which of the following dividend types does not reduce total assets? on 17 et ered out of Select one: O a Cash dividends O b. Stock dividends O c. Property dividends O d. Liquidating dividends -9 question on 18 How does the declaration of a cash dividend that is entirely liquidating affect Retained Earings and Current Assets, respectively? et ered out of 9 question Select one: O a. No effect. No effect O b. Decrease, Decrease O c. Decrease, Increase Od. Decrease. No effect O e. No effect. Decrease