Multiple Choice
As a result of a 5% stock dividend:
A) Total shareholders' equity decreases by 5%.
B) The par value per share decreases by 5%.
C) The number of shares owned by each shareholder increases by 5%, but total shareholders' equity does not change.
D) Both the number of shares outstanding and the total shareholders' equity increase by 5%.
Correct Answer:

Verified
Correct Answer:
Verified
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