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Determine the financial effect of issuing a 10% stock dividend when the stock is selling above par value: Assets SHE Net Income Retained Earnings Contributed

  1. Determine the financial effect of issuing a 10% stock dividend when the stock is selling above par value:

    Assets SHE Net Income Retained Earnings Contributed Capital

    A.

    Increase Increase Increase No Effect Increase

    B.

    Decrease Decrease No Effect Decrease Increase

    C.

    No Effect No Effect No Effect Decrease Increase

    D.

    Increase Decrease Increase Increase Decrease

    E.

    No Effect No Effect No Effect No Effect No Effect

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