Multiple Choice
Stock dividends
A) Have the same effects on financial statements as cash dividends.
B) Are similar to stock splits in that they do not change the fundamental position of current shareholders.
C) Must be accompanied by cash dividends.
D) Are viewed unfavorably by investors and thus should not be used.
E) Have no effect on a firm's balance sheet.
Correct Answer:
Verified
Correct Answer:
Verified
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