Question
Sturdy Stone Tools, Inc. announced a 100 percent stock dividend. Determine the impact (increase, decrease, no change) of this dividend on the following: 1 Total
Sturdy Stone Tools, Inc. announced a 100 percent stock dividend. Determine the impact (increase, decrease, no change) of this dividend on the following:
| 1 | Total assets. |
|
| 2 | Total liabilities. |
|
| 3 | Common stock |
|
| 4 | Total stockholders equity. |
|
| 5 | Market value per share of common stock. |
|
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
