Multiple Choice
How would the declaration and subsequent issuance of a 10 percent stock dividend by the issuer affect each of the following when the market value of the shares exceeds the par value of the stock? Common Stock Additional Paid-in Capital
A) No effect No effect
B) No effect Increase
C) Increase No effect
D) Increase Increase
Correct Answer:
Verified
Correct Answer:
Verified
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