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Title: Mike's Motors has 200,000 shares of $5-par common stock outstanding. They have declared a 10% stock ... Post by: bravata on Feb 21, 2017 Mike's Motors has 200,000 shares of $5-par common stock outstanding. They have declared a 10% stock dividend. The current market price of the common stock is $11/share. The amount that will be credited to Common Stock on the date of declaration is:
A) $100,000. B) $320,000. C) $220,000. D) $120,000. Title: Re: Mike's Motors has 200,000 shares of $5-par common stock outstanding. They have declared a 10% ... Post by: largerthanlife on Feb 21, 2017 Content hidden
Title: Re: Mike's Motors has 200,000 shares of $5-par common stock outstanding. They have declared a 10% stock ... Post by: bravata on Jul 12, 2017 Thank you so much
I wish I knew about this years ago |