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Business, 06.05.2020 06:15 hpugh2019

Answer the following as True or False.
1. Declaring and paying a stock dividend decreases both Retained Earnings and Stockholders' Equity in total on the balance sheet.
2. Stock splits have no impact on Stockholders' Equity, but do change the par value of the stock.
3. Treasury Stock is considered a contra-equity account and therefore decreases the company's total Stockholders' Equity balance.

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Answer the following as True or False.
1. Declaring and paying a stock dividend decreases bot...
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