Question

Three events pertaining to Lean Manufacturing Co. are described below.
a. Issued common stock for cash.
b. The market value of the corporation’s stock increased.
c. Declared and paid a cash dividend to stockholders.
Indicate the immediate effects of the events on the financial measurements in the four columnar headings listed below. Use the code letters I for increase, D for decrease, and NE for noeffect.


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  • CreatedApril 17, 2014
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