Multiple Choice
All of the following are reasons for issuing small stock dividends except:
A) it does not reduce the assets of the company.
B) it provides an opportunity for the company to capitalize its retained earnings.
C) it allows the company to issue a dividend without recording it in their records.
D) it allows the shareholders the option of keeping the shares or selling them for cash.
Correct Answer:
Verified
Correct Answer:
Verified
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