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Please help me with this question!!! Its urgent. Thank you!!! The company with the common equity accounts shown here has declared a 10% stock dividend
Please help me with this question!!! Its urgent. Thank you!!!
The company with the common equity accounts shown here has declared a 10% stock dividend at a time when the market value of its stock is $4 per share. What effects will the distribution of the stock dividend NOT have? Answer: [ a. Common stock increases by 100 b. Retained earnings decrease by 200 c. Capital surplus increases by 100 d. Total owners' equity increases by 200Step by Step Solution
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