Which of the Following Describes,in Part,how the Declaration of a Stock

question 70

Multiple Choice

Which of the following describes,in part,how the declaration of a stock dividend affects the elements of the financial statements?

• A)Decreases total assets
• B)Increases total stockholders' equity
• C)Decreases paid-in capital in excess of par value-common
• D)No effect on total stockholders' equity

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Definitions:

Silicosis

A lung disease caused by inhaling fine particles of silica, most commonly in the mining industry, leading to inflammation and scarring in the lungs.

Sand Blaster

A tool that uses pressurized air or water to project sand or another abrasive material at a surface for cleaning or shaping.

Foundry Worker

An individual who works in a foundry, molding metal into various shapes through casting processes.

Acute Bronchitis

An inflammation of the bronchial tubes, usually caused by viral infection, leading to coughing and difficulty breathing.