At December 31, 2015, Marley Company has the following:
Common Stock, $10 par, 10,000 shares authorized, 9,000 issued, 8,000 outstanding
REQUIRED:
Indicate whether the following would increase, decrease, or have no effect on a assets, b retained earnings, and
c total stockholders' equity.
1. A company declares and pays a cash dividend of $25,000.
2. A company declares and issues a 10% stock dividend.

Question

Quizplus · Accepted Answer

The Answer of At December 31, 2015, Marley Company has the following:
Common Stock, $10 par, 10,000 shares authorized, 9,000 issued, 8,000 outstanding
REQUIRED:
Indicate whether the following would increase, decrease, or have no effect on a assets, b retained earnings, and
c total stockholders' equity.
1. A company declares and pays a cash dividend of $25,000.
2. A company declares and issues a 10% stock dividend.

At December 31, 2015, Marley Company Has the Following