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Three events pertaining to Lean Machine Co. are described as follows. a. Issued common stock...

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Accounting

Three events pertaining to Lean Machine Co. are described as follows.

a. Issued common stock for cash.

b. The market value of the corporation's stock increased.

c. Declared and paid a cash dividend to stockholders.

Indicate the immediate effects of the events on the financial measurements in the four columnar headings listed below. Use the code letters I for increase, D for decrease, and NE for no effect.

image

\begin{tabular}{|c|c|c|c|} \hline Event Current Assets & Stockholders' Equity & Net Income Net Cash Flow (from Any Source) \\ \hline a. & & \\ \hline b. \\ \hline c. \end{tabular}

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