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What effect does a declaration of a 5% stock dividend have on the financial statements? Select one: O a. No effect on retained earnings and
What effect does a declaration of a 5% stock dividend have on the financial statements? Select one: O a. No effect on retained earnings and no effect on total shareholders' equity Ob. No effect on retained earnings and a decrease to total shareholders' equity Oc. Decrease to retained earnings and no effect on total shareholders' equity Od. Decrease to retained earnings and decrease to total shareholders' equity O e. None of the above
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