Which of the following statements is correct in regards to the effect on share capital? a) Cash dividends increase share capital. b) Stock dividends increase share capital. c) Stock splits increase share capital. d) They all have no effect on share capital. Life and Leaders Ltd. is a public company trading on the Toronto Stock Exchange. The company's shares are currently trading for $16.00 per share. Life and Leaders just released the following information related to its 2017 year-end: For 2017, the company's earnings per share were closest to a) $7.63. b) $6.98. d) cannot be calculated with the information provided