Which of the following would cause a decrease in stockholders' equity? (A) Purchase of equipment (B) Payment of cash dividend (C) Declaring cash dividend (D) Issuing stock certificate for stock dividends nswer OA OB OD
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- X Your answer is incorrect. The effect of a stock dividend is to O change the composition of stockholders' equity. O decrease total assets and stockholders' equity. O increase the book value per share of common stock. O decrease total assets and total liabilities. eTextbook and Media Assistance Us Save for Later Attempts: 1 of 2 used Submit Answ @ %23 %24 8 4. u e d n m CShow Attempt History Current Attempt in Progress X Your answer is incorrect. The effect of a stock dividend is to O change the composition of stockholders' equity. O decrease total assets and stockholders' equity. O increase the book value per share of common stock. O decrease total assets and total liabilities. eTextbook and Media Assistance Used Save for Later Attempts: 1 of 2 used Submit Answer %24 %6 3 4. d bv2.cengagenow.com Apps Dashboard | Georgia Northwestern Technical Coll... Bb My Grades - ACCT1105: Financial Accounting II (... a. Declaring a cash dividend b. Paying the cash dividend declared in (a) c. Declaring a stock dividend d. Issuing stock certificates for the stock dividend declared in (c) Indicate whether the following actions would (+) increase, (-) decrease, or (0) not affect a company's total assets, liabilities, and stockholders' equity. Liabilities Stockholder's Equity Assets ) + C CengageNOWv2 | Online teaching and learning res
- Assan Offical O Academic Portal t- LIBIS - Sampoerna.. O Dashboard O VitalSource Booksh.. O Spotify - Web Player P MLA Formatting an. Credible and Non-. E Reading 20 Q A Instructions a. Prepare an income statement for 2022. Assume that 60,000 ordinary shares are outstanding. b. Prepare a retained earnings statement for 2022. E4.10 (LO 3) (Earnings per Share) The equity section of Sosa SA appears below as of December 31, 2022. Share capital-preference (6% preference shares, R$50 par value, authorized 100,000 shares, outstanding 90,00o shares) Share capital-ordinary (R$1 par, authorized and issued 10 million shares) R$ 4,500,000 10,000,000 Share premium-ordinary 20,500,000 Retained earnings R$134,000,000 Net income 33,000,000 167,000,000 R$202,000,000 Net income for 2022 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R$12,000,000 (before tax) as a result of discontinued operations. Preference dividends of R$270,000 were declared and paid in…TB MC Qu. 10-86 (Static) When treasury stock is acquired, what... When treasury stock is acquired, what is the effect on total stockholders' equity? Multiple Choice Decrease Increase No effect Cannot determine from the given information5:47 Done Edit A new stock issuance by a specific firm that .22 (already has stock outstanding is referred to as a(n )2 نقطة( .a. stock repurchase .b. initial rights issue .(c. initial public offering (IPO .d. secondary stock offering More
- 7. Use the information in Exercise 6, but assume instead that a 20% stock dividend was declared. Answer the same requirements. (see attached images especially for the information in Exercise 6 in the uploaded images. Please answer it. thank you so much) NOTE: Please answer letter a to bIf common stock is issued for an amount greater than par value, the excess goes to what account? a. Legal Capital b. Retained Earnings C. Cash d. Paid-in-Capital in Exess of Par Value A Moving to the next question prevents changes to this answer. & % #3 8.Dividends and treasury stock еВook 5. PE.13.05A.BLANKSHEET Dec. 31 09,000pec. 31 DIVIuenu balance 14,879,000 6. PE.13.05B Prepare a statement of stockholders' equity for the year ended December 31, 20Y9. If an amount box does not require an entry, leave it blank. Also, if an amount reduces Stockholders' Equity, then add "minus" sign. 7. PE.13.06A I-Cards Inc. Statement of Stockholders' Equity 8. PE.13.06B For the Year Ended December 31, 20Y9 9. PE.13.07A.BLANKSHEET Common Paid-In Stock Capital in 10. PE.13.07B Treasury Retained $40 Par Excess of Par Stock Earnings Total 11. EX.13.13 Balance, Jan. 1, 20Y9 4,800,000 V 960,000 11,375,000 17,135,000 12. EX.13.14 Issued 30,000 shares of Common Stock 1,200,000 V 300,000 1,500,000 Purchased 12,000 shares as Treasury Stock -480,000 x -552,000 V 13. EX.13.15 Net Income 3,780,000 3,780,000 V 14. EX.13.17 Dividends -276,000 -276,000 6,000,000 -552,000 14,879,000 V Balance, Dec. 31, 20Y9 1,260,000 21,587,000 15. EX.13.18 16. EX.13.19 Feedback…
- NOWV2 |Online teachir X A Login Irn/takeAssignment/takeAssignmentMain.do?invoker%=&takeAssignmentSessionLocator=&inprogre.. pok Show Me How 41,000 asury Stock Balance Sheet Stockholders' Equity raid-in capital: Common Stock, $30 Par (80,000 Shares Authorized, 48,000 Shares Issued) 1,440,000 480,000 Excess of Issue Price Over Par 1,920,000 Paid-in capital, common stock 72,000 From Sale of Treasury Stock 1,992,000 Total paid-fn capital Retained Earnings 677,000 Total 41,000 Treasury Stock Total stockholders' equity Feedback Check My Work Recall that paid-in capital reflects the total amount that has been paid into the business by the stockholders for ownership in the corporation. Previous Check My Work 52°F SunnyQuestion 5 of 19 S1: The entry to record the distribution of a stock dividend includes a debit to Retained Earnings. S2: Cash dividends decrease total stockholder's equity but stock dividends have a net zero effect on total stockholder's equity. Select the correct response: S1 is True; S2 is False S1 & S2 are True S1 is False; S2 is True S1 & S2 are False ( PreviousO earch Which of the following statements is true? 1. The formula for the return on equity is: Return on equity = Net Income + Average total stockholders' equity. 1. When computing the return on equity, retained earnings should be excluded from the average total stockholders' equity. Multiple Choice Both statements are true. O Only statement II is true. О Neither statement is true. О Only statement I is true. 200m 70 P