Which of the following statement is false? A -Both stock splits and stock dividends increase the number of common shares issued B- Stock splits reallocate amounts between retained earnings and contributed capital accounts C- Both stock spits and stock dividends increase the number of common shares outstanding D- Both stock splits and stock dividends have the impact of reducing the market price of the stoc
Which of the following statement is false? A -Both stock splits and stock dividends increase the number of common shares issued B- Stock splits reallocate amounts between retained earnings and contributed capital accounts C- Both stock spits and stock dividends increase the number of common shares outstanding D- Both stock splits and stock dividends have the impact of reducing the market price of the stoc
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 14MC: Which of the following is true of a stock dividend? A. It is a liability. B. The decision to issue a...
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Which of the following statement is false?
A -Both stock splits and stock dividends increase the number of common shares issued
B- Stock splits reallocate amounts between retained earnings and contributed capital accounts
C- Both stock spits and stock dividends increase the number of common shares outstanding
D- Both stock splits and stock dividends have the impact of reducing the market price of the stock
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