How would the declaration of a 15% stock dividend affect each of the following?
$$\begin{array}{l}
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\text { Total}\
~~~~~ \text {$\underline{\text{ Retained Earnings }}$~~~~~~~~~~~~ $\underline{\text{ Shareholders' Equity }}$ }\
\begin{array} { l r l }
\text { A) } & \text { no effect} & ~~~~~~~~~~~ ~~~~~~ ~~~~~~ ~~~~~~~\text { no effect } \
\text { B) } & \text {no effect } &~~~~~~~~~~~ ~~~~~~ ~~~~~~ ~~~~~~~ \text { decrease } \
\text { C) } & \text { decrease } &~~~~~~~~~~~ ~~~~~~ ~~~~~~ ~~~~~~~ \text { no effect } \
\text { D) } & \text {decrease } & ~~~~~~~~~~~~ ~~~~~~ ~~~~~~ ~~~~~~\text { decrease}
\end{array}
\end{array}$$

Question

How would the declaration of a 15% stock dividend affect each of the following? 
$$\begin{array}{l}
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\text { Total}\
~~~~~ \text {$\underline{\text{ Retained Earnings }}$~~~~~~~~~~~~  $\underline{\text{ Shareholders' Equity }}$ }\
\begin{array} { l r l } 
\text { A) } & \text { no effect} & ~~~~~~~~~~~ ~~~~~~ ~~~~~~ ~~~~~~~\text { no effect  } \
\text { B) } & \text {no effect } &~~~~~~~~~~~ ~~~~~~ ~~~~~~ ~~~~~~~ \text { decrease } \
\text { C) } & \text { decrease } &~~~~~~~~~~~ ~~~~~~ ~~~~~~ ~~~~~~~ \text { no effect   } \
\text { D) } & \text {decrease } & ~~~~~~~~~~~~ ~~~~~~ ~~~~~~ ~~~~~~\text { decrease}
\end{array}
\end{array}$$

Quizplus · Accepted Answer

The Answer of How would the declaration of a 15% stock dividend affect each of the following? 
$$\begin{array}{l}
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\text { Total}\
~~~~~ \text {$\underline{\text{ Retained Earnings }}$~~~~~~~~~~~~  $\underline{\text{ Shareholders' Equity }}$ }\
\begin{array} { l r l } 
\text { A) } & \text { no effect} & ~~~~~~~~~~~ ~~~~~~ ~~~~~~ ~~~~~~~\text { no effect  } \
\text { B) } & \text {no effect } &~~~~~~~~~~~ ~~~~~~ ~~~~~~ ~~~~~~~ \text { decrease } \
\text { C) } & \text { decrease } &~~~~~~~~~~~ ~~~~~~ ~~~~~~ ~~~~~~~ \text { no effect   } \
\text { D) } & \text {decrease } & ~~~~~~~~~~~~ ~~~~~~ ~~~~~~ ~~~~~~\text { decrease}
\end{array}
\end{array}$$

How Would the Declaration of a 15% Stock Dividend Affect