The effect of a stock dividend is to change the composition of stockholders' equity. decrease total assets and stockholders' equity. O increase the book value per share of common stock. O decrease total assets and total liabilities.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter15: Contributed Capital
Section: Chapter Questions
Problem 8MC: When treasury stock is purchased for cash at more than its par value, what is the effect on total...
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X Your answer is incorrect.
The effect of a stock dividend is to
O change the composition of stockholders' equity.
O decrease total assets and stockholders' equity.
O increase the book value per share of common stock.
O decrease total assets and total liabilities.
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Transcribed Image Text:X Your answer is incorrect. The effect of a stock dividend is to O change the composition of stockholders' equity. O decrease total assets and stockholders' equity. O increase the book value per share of common stock. O decrease total assets and total liabilities. eTextbook and Media Assistance Us Save for Later Attempts: 1 of 2 used Submit Answ @ %23 %24 8 4. u e d n m C
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