Question: For each dividend and stock split issued, determine the impactincrease, decrease, or no effecton total assets, total liabilities, and total equity. Total Assets Total Llabilities

For each dividend and stock split issued, determine the impact—increase, decrease, or no effect—on total assets, total liabilities, and total equity.

Total Assets Total Llabilities Total Equity $5,000 cash dividend 7% stock dividend

Total Assets Total Llabilities Total Equity $5,000 cash dividend 7% stock dividend 40% stock dividend 7-for-1 stock split

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