Question: Reliable Tools, Inc., announced a 100 percent stock dividend. Determine the impact (increase, decrease, no change) of this dividend on the following: 1. Total assets
Reliable 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 announced a 2-for-1 stock split. Determine the impact of the stock split.
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.
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