Question: 1. How is the accounting for a repurchase of a company's own stock (treasury stock) different from the purchase of stock in another corporation?
2. Explain why some companies choose not to pay cash dividends. Why do investors purchase stock in companies that do not pay cash dividends?
3. Describe the declaration date, record date, and payment date for a cash dividend.
4. How does a 100% stock dividend or a 2-for-1 stock split affect total assets, total liabilities, and total stockholders' equity?