Multiple Choice
How do stock splits and stock dividends impact Retained Earnings?
A) Stock splits increase Retained Earnings and stock dividends have no effect on Retained Earnings.
B) Stock splits have no effect on Retained Earnings and stock dividends decrease Retained Earnings.
C) Stock splits and stock dividends both decrease Retained Earnings.
D) Stock splits and stock dividends have no effect on Retained Earnings.
Correct Answer:
Verified
Correct Answer:
Verified
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