for each transaction listed across the top of the following matrix indicate the effe 610396
This exercise will review the effects of various types of distributions to stockholders.
Instructions
For each transaction listed across the top of the following matrix, indicate the effect on each of the items listed down the left side of the matrix. Use an “I” to indicate an increase, a “D” to indicate a decrease, and a “NE” for no effect.
Item |
Declaration of a cash dividend |
Payment of a |
Declaration and |
Declaration and distribution of a large stock dividend |
Stock |
Assets |
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Total capital stock |
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Total additional Paid-in capital |
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Retained earnings |
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Total stockholders” equity |
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Par value per share |
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Total number of shares outstanding |