Multiple Choice
Stock splits and stock dividends have the following effects on retained earnings:
A) Stock splits increase retained earnings,while stock dividends have no impact.
B) Stock dividends decrease retained earnings,while stock splits have no impact.
C) Stock splits and stock dividends both lead to a decrease in retained earnings
D) Stock splits and stock dividends have no impact on retained earnings.
Correct Answer:
Verified
Correct Answer:
Verified
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