Multiple Choice
The effect of recording a 100 percent stock dividend would be to:
A) leave working capital unaffected, decrease earnings per share, and decrease the debt to equity ratio.
B) leave working capital unaffected, decrease earnings per share, and decrease book value per share.
C) leave inventory turnover unaffected, decrease working capital, and decrease book value per share.
D) decrease the current ratio, decrease working capital, and decrease book value per share.
E) None of these choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q62: The summarized and partial balance sheet of
Q63: HIJ reported the following data for 2014
Q64: All of the following are examples of
Q65: All of the following represent groups of
Q66: IFRS standards require the presentation of comparative
Q68: It is important for the user to
Q69: The use of an accelerated depreciation method
Q70: If current assets exceed current liabilities, payments
Q71: If business conditions are stable, an increase
Q72: You are given the following information about