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:

Real GDP

Gross Domestic Product adjusted for inflation, providing a more accurate reflection of an economy's size and how it's growing over time.

Price Level

An index or measure that represents the average prices of goods and services in an economy at a given time.

Human Capital

The knowledge and skills that workers acquire through education and on-the-job training

Technology

The application of scientific knowledge for practical purposes, especially in industry and in the creation of goods and services.