Which of the following statements regarding stock dividends is false? Multiple Choice Stock dividends do not reduce assets or equity. Directors can use stock dividends to keep the market price of the stock affordable. Stock dividends provide evidence of management's confidence that the company is doing well. Stock dividends do not reduce assets or equity. Directors can use stock dividends to keep the market price of the stock affordable. Stock dividends provide evidence of management's confidence that the company is doing we Stock dividends transfer a portion of equity from retained earnings to contributed capital. Stock dividends decrease the number of shares outstanding