Armstrong Tools, Inc , announced a 100 percent stock dividend Determine the impact (increase, decrease, no change) of this dividend on the following 1 Total assets 2 Total liabilities 3 Common stock 4 Total stockholders equity 5 Market value per share of common stock Assume that the company announc...

Stock Dividend Stock Split No change in assets No change in assets No ch ...

Armstrong Tools, Inc., announced a 100 percent stock dividend. Determine the impact (increase, decrease, no change) of

Question:

Armstrong Tools, Inc., announced a 100 percent stock Determine the impact (increase, decrease, no change) of this on the following:
1. Total assets.
2. Total liabilities.
3. Common stock.
4. Total stockholders’ equity.
5. Market value per share of common stock.
Assume that the company announced a 2-for-1 stock split. Determine the impact of the stock split.

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...