8. How would total stockholders' equity be effected by the declaration of each of the following? Stock dividend a. No effect b. Decrease c. Decrease d. No effect Stock Split Increase Decrease No effect No effect
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- There is a -impact of earnings on stock prices O a. Deductive O b. Positive O c. Normative O d. NegativeHow does a 2: 1 stock split (stock-split-up) affect the following two items? Par Value per Share Retained Earnings Select one: to. Increase Has no effect b. Decrease Decrease c. Decrease Has no effect d. Has no effect Has no effectTrue or False: Dividends declared and paid result in a decrease to the common stock's account balance. Select one: True False
- 4. When preference share is cumulative, preferred dividends not declared in a period are a. called dividends in arrears b. Distribution of earnings c. never paid d. considered a liability4. Define the following terms. Signaling hypothesis; clientele effect Residual distribution model; extra dividend Declaration date; holder-of-record date; ex-dividend date; payment date Dividend reinvestment plan (DRIP) Stock split; stock dividend; stock repurchaseTB MC Qu. 10-86 (Static) When treasury stock is acquired, what... When treasury stock is acquired, what is the effect on total stockholders' equity? Multiple Choice Decrease Increase No effect Cannot determine from the given information
- S1: In the statement of changes in equity, the effect of the correction of aprior period error is presented separately for each component of equity.S2: Preference share dividend appear under the retained earnings sectionof the statement of changes in equity A. True, TrueB. False, FalseC. True, FalseD. False TrueIf common stock is issued for an amount greater than par value, the excess goes to what account? a. Legal Capital b. Retained Earnings C. Cash d. Paid-in-Capital in Exess of Par Value A Moving to the next question prevents changes to this answer. & % #3 8.Which of the following decreases total equity? A. A stock split B. Recording Revenue C. The purchase of Treasury Stock D. Issuance of Convertible preferred stock
- When a limited liability company is formed, a. the partnership activities are limited 9 b. all partners have limited liability C. some of the partners have limited liability O d. none of the partners has limited liabilityWhich of the following will reduce Retained Earnings? a. Declaration of a stock dividendb. Payment of a cash dividendc. Profit for the periodd. None of these13. For available-for-sale equity securities, receipt of a cash dividend would be reported as a. a reduction from retained earningsb. an increase in the investments available for sale accountc. a reduction in the investments available for sale accountd. dividend revenue