Declaration and Distribution of a Stock Dividend Cause Each of the Following

question 26

Multiple Choice

Declaration and distribution of a stock dividend cause each of the following effects except:

• A)An increase in the number of shares of stock outstanding.
• B)A decrease in retained earnings.
• C)A decrease in total assets of the issuing corporation.
• D)An increase in legal capital of the issuing corporation.

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Definitions:

Sociologists

Social scientists who study human societies, patterns of social relationships, social interaction, and culture.

Race

A social construct that categorizes people based on physical characteristics such as skin color, often with associated stereotypes and implications for social treatment.

Ethnicity

A social construct that categorizes people based on common language, religion, nationality, or other cultural factors.

Antiracist Allies

Whites and others working toward the goal of ending racial injustice.