Which of the following would have no effect on Retained Earnings?
A) Declaration of a cash dividend
B) Declaration of a stock dividend
C) Declaration of a stock split
D) A prior period adjustment
Correct Answer:
Verified
Q67: Stock splits:
A)Allow management to conserve cash.
B)Give stockholders
Q68: A small stock dividend is recorded at:
A)Market
Q69: On January 1,2018,Carleton Corporation had 55,000 shares
Q70: Large stock dividends tend to:
A)Increase stock prices.
B)Have
Q71: When a company reports both diluted earnings
Q73: National Corporation was organized on January 1
Q74: Platinum Company reports net income of $520,000
Q75: A company had 240,000 shares of common
Q76: Unique Corp.had 50,000 shares of $5 preferred
Q77: On January 1,2018,Edward Corporation had 10,000 shares
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