D Question 21 The declaration of a cash dividend to be paid a month later: O increases liabilities and increases stockholders' equity. O reduces liabilities and increases stockholders' equity. O increases liabilities and decreases stockholders' equity. O decreases assets and decreases stockholders' equity. 2.18 pts D Question 22 A stock dividend: O increases Net Income and increases total Stockholders' Equity. has no effect on Assets or total Stockholders' Equity. O decreases Assets and increases total Stockholders' Equity. O decreases Net Income and decreases total Stockholders' Equity. 2.17 pts D Question 23 Stockholders' equity is divided into: O assets and liabilities. O common stock and preferred stock. retained earnings and common stock. Oretained earnings and paid-in capital. 2.17 pts