As a result of a 5% stock dividend:
A) Total shareholders' equity decreases by 5%.
B) The par value per share decreases by 5%.
C) The number of shares owned by each shareholder increases by 5%, but total shareholders' equity does not change.
D) Both the number of shares outstanding and the total shareholders' equity increase by 5%.
Correct Answer:
Verified
Q63: Diluted earnings per share is a hypothetical
Q64: A liquidating dividend:
A) Occurs when a corporation
Q65: Dividends become a liability of a corporation:
A)
Q66: Declaration and distribution of a stock dividend
Q67: After preparing the financial statements for 2009,
Q71: A retrospective restatement appears in the financial
Q72: To receive the next cash dividend, an
Q80: If a company presents both the basic
Q93: Dividends are first recorded and retained earnings
Q119: A restriction of retained earnings:
A)Reduces the dollar
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents