Identify each of the following actions taken by the board of directors of Gem's Jewelers.Each term is used only once.
a.stock split
b.declaration date
c.treasury stock
d.issued stock
e.dividends in arrears
______ 1.Authorized payment of back dividends to preferred shareholders
______ 2.Authorized the sale of 500 new shares of stock to the public
______ 3.Authorized the repurchase of 500 shares of Gem's Jewelers stock
______ 4.Authorized the exchange of two new shares of stock for every one existing share
______ 5.Authorized the payment of a cash dividend on March 15

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The Answer of Identify each of the following actions taken by the board of directors of Gem's Jewelers.Each term is used only once.
a.stock split
b.declaration date
c.treasury stock
d.issued stock
e.dividends in arrears
______ 1.Authorized payment of back dividends to preferred shareholders
______ 2.Authorized the sale of 500 new shares of stock to the public
______ 3.Authorized the repurchase of 500 shares of Gem's Jewelers stock
______ 4.Authorized the exchange of two new shares of stock for every one existing share
______ 5.Authorized the payment of a cash dividend on March 15

Identify Each of the Following Actions Taken by the Board