Sturdy Stone Tools, Inc., announced a 100 percent stock dividend. Determine the impact (increase,decrease, no change) of this dividend on the following:1. Total assets.2. Total liabilities.3. Common stock.4. Total stockholders’ equity.5. Market value per share of common stock.

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter14: Financial Statement Analysis
Section: Chapter Questions
Problem 10BE: A company reports the following: Determine (a) the return on stockholders equity and (b) the return...
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Sturdy Stone Tools, Inc., announced a 100 percent stock dividend. Determine the impact (increase,
decrease, no change) of this dividend on the following:
1. Total assets.
2. Total liabilities.
3. Common stock.
4. Total stockholders’ equity.
5. Market value per share of common stock.

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