Multiple Choice A 3-for-1 common stock split will increase total stockholders equity but reduce the par or stated value per share of common TRUE A preferred stockholders will eceive 1/10 of the common stockholders will receive ard sodhoe l rece River Forest, Inc. has S000 shares of 6%, S100 par vale. noncumulative preferred stock and $0,000 shares of $1 par value common stock outstanding at December 31, 2017. If the beard of directors declares a $100,000 dividend, the 100,000. $30,000 will be held as restricted retained and paid out at some future date preferred stockhoilders will receive $30,000 and the common stockholders will receive $70,000 Art, Inc. has 2.500 shares of 5%, S100 par value, cumulative A preferred stock and 20,000 shares of $1 par value common stock outstanding from December 31, 2015 through Dec. 31,B 2017. There were no dividends declared in 2015. The board of directors declares and pays a $22,500 dividend in 2016 and in 2017. What is the amount of dividends received by the common stockholders in 2017? $7,500 $12,500 $22,500 $0 an entry may be requiredisstock 4 On the dividend record date, A increase paid-in capital. B change the total of stockholders' equity. C increase D increase total The declaration of a stock dividend wil total liabilities A debit to Stock Dividends for $360.000 On January 1, Layline Corporation had 160,000 shares of $10 par value common stock outstanding. On June 17, the a 15% stock dividend to stockholders of record on to stockholders of record on c credit to Common Stock Dividends Distributable C for $360,000 une 20. Market value of the stock was $15 on June 17. The Distributable to record the transaction of June 17 would include a