Multiple Choice
Which of the following statements about stock dividends is correct?
A) Stock dividends are reported on the income statement.
B) Stock dividends are reported on the Statement of Stockholders' Equity.
C) Stock dividends increase total stockholders' equity.
D) Stock dividends decrease total stockholders' equity.
Correct Answer:

Verified
Correct Answer:
Verified
Q221: Nova,Inc.is considering declaring a $100,000 cash dividend.Nova
Q222: Dividends in arrears are reported as current
Q223: Yamhill,Inc.began on January 1,2016 by issuing 200,000
Q224: Match each term with the appropriate definition.Not
Q225: If a corporation declares and distributes a
Q227: The number of shares issued represents the
Q228: When a company reissues (or sells)shares of
Q229: Holders of common stock receive certain benefits,such
Q230: Advantages of equity financing over debt financing
Q231: In an IPO on May 1,2012,Timmy Hilfigure