Which of the following is not true regarding the issuance of a stock dividend?
a. The stock dividend has little economic substance for shareholders.
b. The stock dividend does not change each shareholder's ownership interest or proportionate voting power.
c. The stock dividend results in decreases to book value per common share, but the total book value of each shareholder's interest remains unchanged.
d. The total market value of an individual's shares should not change.
e. The stock dividend does not change the number of shares each shareholder owns.
E
You might also like to view...
Which of the following is true?
a. Companies usually disclose cash flow per share on their financial statements. b. Companies usually disclose the sales price of each individual stock transaction on their financial statements. c. The issuance of a stock dividend is an investing activity. d. Financing activities can be inflows or outflows of cash.
A computerized system that integrates production planning and inventory control is called
A. computerized inventory management. B. just-in-time record keeping. C. materials requirements planning. D. support inventory control. E. inventory control management.
The U.S. District Court is the trial level court in the federal court system
Indicate whether the statement is true or false
Marketing research should not be undertaken when:
A. the perceived costs are greater than the projected benefits B. there are no secondary data in existence to guide the project definition C. it will take a long time to complete D. the actual costs are less than the forecasted benefits E. the perceived costs are the same as the forecasted benefits