Question: Identify whether shareholders equity would increase, decrease, or be unaffected as a result of each separate transaction listed below. 1. A stock dividend equal to

Identify whether shareholders’ equity would increase, decrease, or be unaffected as a result of each separate transaction listed below.

1. A stock dividend equal to 30% of the previously outstanding shares is declared.

2. New shares of common stock are issued for cash.

3. Treasury shares of common stock are purchased.

4. Cash dividends are paid to shareholders.

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