Multiple Choice
Which of the following correctly describes the affect of declaring and distributing a common stock dividend?
A) Total stockholders' equity decreases.
B) Total stockholders' equity remains the same.
C) The number of shares outstanding increases while the par value of each share decreases.
D) The number of shares outstanding decreases while the par value of each share increases.
Correct Answer:
Verified
Correct Answer:
Verified
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