How does the combined declaration and distribution of a stock dividend affect Total Stockholders' Equity and EPS? (assume a positive Net Income) Select one: O a. No Effect, No Effect O b. Decrease, Increase O c. No Effect, Decrease O d. Decrease, No Effect O e. Decrease, Decrease Given the following information for an inventory item of the Scottsdale Corporation: Cost $115 Replacement Cost $109 Estimated Sales Price $120 Normal Profit $6 Cost of Completion $6 Using the LCNRV Rule, the proper inventory amount for the balance sheet is: Select one: a. $114 O b. $108 O c $120 O d. $109 O e. $115 When the LIFO method is used, ending inventory is assumed to consist of: Select one: O a. The most recently purchased units b. The oldest units O c. The units with the highest per unit cost O d. The units with the lowest per unit cost During periods of rising prices with frequent purchases and sales, a perpetual inventory system would generally result in a different dollar amount of ending inventory than a periodic inventory system under which of the following inventory cost flow methods? Select one: O a FIFO, but not UFO O b. LIFO, but not FIFO c. Both FIFO and LIFO O d. Neither FIFO nor UFO