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For each of the following statements regarding dividends, indicate whether it is true or false. (You may select more than one answer. Single click the
For each of the following statements regarding dividends, indicate whether it is true or false. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) A large stock dividend is a distribution of more than 25% of prevlously outstanding shares. A stock dividend commonly indicates management's confidence that the company is doing well. A small stock dividend is a distribution of 50% or less of prevlously outstanding shares. A stock dividend Increases the number of outstanding shares. The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On April 2 , Jun declares and distributes a 10% stock dividend. The stock's per share market value on April 2 is $15 (prior to the dividend). Prepare the stockholders' equity section immediately after the stock dividend is distributed
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