Which of the following occurs when a 10 percent stock dividend is paid?
A. The firm's retained earnings decrease.
B. The firm's equity is increased.
C. The stock's par value is decreased.
D. The stock's price is increaseD.
Answer:A
Which of the following occurs when a 10 percent stock dividend is paid?
A. The firm's retained earnings decrease. B. The firm's equity is increased. C. The stock's par value is decreased. D. The stock's price is increaseD.