Elam Enterprises is considering the following three actions regarding its equity: Action 1: Declaring a 30% stock

Question:

Elam Enterprises is considering the following three actions regarding its equity:
Action 1: Declaring a 30% stock dividend.
Action 2: Declaring a $12,000 cash dividend.
Action 3: Declaring a 2-for-1 stock split.
Required
Describe whether each action would increase, decrease, or not affect the following:
(1) Total Stockholders' Equity
(2) Retained Earnings
(3) Contributed Capital
(4) per Share
(5) Price per Share.
Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...