Question: Select whether stockholders' equity would increase, decrease, or have no effect as a result of each separate transaction listed below. List 1. New shares
Select whether stockholders' equity would increase, decrease, or have no effect as a result of each separate transaction listed below. List 1. New shares of preferred stock are sold for cash. 2. A stock dividend equal to 30% of the previously outstanding shares is declared 3. Treasury stock is sold at cost for cash. 4. Cash dividends are paid to shareholders. Equity
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