Question: Please explain your answer to give ratings. Five events pertaining to Lubbock Manufacturing Co. are described as follows. a. Declared and paid a cash dividend.

Please explain your answer to give ratings.

Five events pertaining to Lubbock Manufacturing Co. are described as follows.

a. Declared and paid a cash dividend.

b. Issued a 10 percent stock dividend.

c. Issued a 2-for-1 stock split.

d. Purchased treasury stock.

e. Reissued the treasury stock at a price greater than the purchase price.

Indicate the immediate effects of the events on the financial measurements in the four column

headings listed. Use the code letters I for increase, D for decrease, and NE for no effect.

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