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For Each of the Following Items,state Whether Its Effect Will

Question 52

Essay

For each of the following items,state whether its effect will be to increase,decrease,or have no change in total stockholders' equity.
a)Issue common stock at a price greater than par value
b)Issue common stock at par value
c)Issue preferred stock at a price greater than par value
d)Issue preferred stock at par value
e)Declare the current year preferred stock dividend
f)Pay the declared dividend in e.above
g)Not declaring any dividends on cumulative preferred stock,thus having dividends in arrears
h)Declaring dividends in arrears for cumulative preferred stock
i)Paying for the dividends in arrears declared in h.above
j)Having a company call all callable preferred stock

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