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3 pts On January 1, McCarver Corporation had 1,500,000 common shares authorized, 850,000 shares issued, 700,000 shares outstanding, and 150,000 shares of treasury. The common
3 pts On January 1, McCarver Corporation had 1,500,000 common shares authorized, 850,000 shares issued, 700,000 shares outstanding, and 150,000 shares of treasury. The common stock had a $15 par value. On March 31, the company declared and "paid" a 10% stock dividend when the stock was selling for $17 per share. How many shares of stock were issued as a result of the stock dividend? O 15.000 O 85.000 70,000 O 150,000
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