Armstrong Tools. Inc.. announced a 100 percent stock dividend Determine the impact (increase, decrease, no change) of

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Armstrong 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. 6. Now assume that the company announced a 2-for-l stock split. Determine the impact of the stock split.

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Financial Accounting

ISBN: 9780070891739

1st Canadian Edition

Authors: Robert Libby

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