Question: Small stock dividends take the same pie -- stockholder equity -- and divide it into more pieces. Yet current GAAP requires that small stock dividends
Small stock dividends take the same "pie" -- stockholder equity -- and divide it into more pieces. Yet current GAAP requires that small stock dividends be valued at the market value of the stock and debited to retained earnings. Do you believe this is an issue that FASB should take up? Justify your position.
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