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The legality of distributions to stockholders is governed by federal law

The legality of distributions to stockholders is governed by federal law




TRUE/FALSE

	1.	With a stock dividend, total market value considering all outstanding shares should decline.



	2.	A stock split merely increases the number of shares of stock; it usually does not change retained earnings or paid-in capital.



	3.	The legality of distributions to stockholders is governed by federal law.

	

	4.	Accountants have not accepted the role of disclosing the firm- capacity to make distributions to stockholders.


	5.	Comprehensive income is net income plus the periods change in accumulated other comprehensive income.






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26 Mar 2016

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  1. Genius

    The legality of distributions to stockholders is governed by federal law

    The legality of distributions to stockholders is governed ****** ******
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