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Stock Dividends and Stock Splits
Indicate the Principal Effects of a Stock

Question 122

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Stock dividends and stock splits
Indicate the principal effects of a stock dividend versus a stock split as they affect the issuing corporation. Respond in the spaces as follows: "C" for change; "NC" for no change.   Stock dividend    Stock split  Legal capital  Number of shares outstanding  Total shareholders’ equ ity  Retained earnings  Composition of shareholders’ equity \begin{array}{lll}& \text { \(\underline{\text{ Stock dividend }}\) } & \text { \(\underline{\text{ Stock split}}\) } \\\text { Legal capital } & \quad\quad- & \quad\quad- \\\text { Number of shares outstanding } & \quad\quad- & \quad\quad- \\\text { Total shareholders' equ ity } & \quad\quad- & \quad\quad- \\\text { Retained earnings } & \quad\quad- & \quad\quad- \\\text { Composition of shareholders' equity } & \quad\quad- & \quad\quad- \\\end{array}

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\(\begin{array}{lll}
& \text { Stock div...

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