Question: - 15 --------------------------------------------------------------------------------------------------------- 15-1 26. Total stockholders' equity represents . 15-2 36. In January 2xx1, Finley Corporation, a newly formed company, issued xx,000 shares of

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15-1 26. Total stockholders' equity represents

.

15-2 36. In January 2xx1, Finley Corporation, a newly formed company, issued xx,000 shares of its $xx par common stock for $xx per share. On July 1, 2xx1, Finley Corporation reacquired 1,000 shares of its outstanding stock for $xx2 per share. The acquisition of these treasury shares

15-3 51. Houser Corporation owns xxxx,000 shares of stock in Baha Corporation. On December 31, 2xx1, Houser distributed these shares of stock as a dividend to its stockholders. This is an example of a

15-4 55. Which dividends do not reduce stockholders' equity?

a. Cash dividends

b. Stock dividends

c. Property dividends

d. Liquidating dividends

15-5 62. What effect does the issuance of a 2-for-1 stock split have on each of the following?

Par Value per Share Retained Earnings

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