A feature common to both stock splits and stock dividends is a reduction in the contributed capital
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Question:
A feature common to both stock splits and stock dividends is a reduction in the contributed capital of acorporation. b. transfer to earned capital of acorporation. c. that there is no effect on totalstockholders' equity. d. an increase in totalliabilities of a corporation.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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