Which of the following is a true statement regarding the effect of a stock split and stock dividend on total assets or liabilities?
A) Both a stock split and a stock dividend will decrease total assets.
B) Both a stock split and a stock dividend will increase total liabilities.
C) A stock split will increase total assets, but a stock dividend will not.
D) Neither a stock split nor a stock dividend will affect total assets or total liabilities.
D
You might also like to view...
A company's organizational culture:
A) can be described as a company's self-identity or shared mind-set. B) is shaped by its shared sense of vision, values, heroes, rites, and rituals. C) arises from such things as how its people dress, behave. D) All of the above.
________ provides the best comparison of the standards of living in the countries of the world
A) Purchasing power parity B) Exchange rate C) Gross National Product per capita D) Gross National Income
Why do many firms no longer use a general journal? What has taken its place?
Why are negative reputations difficult to repair?
What will be an ideal response?