Question
After the payment of a 25% share dividend, an investor has 500 shares of stock and $400. What did the investor have prior to the
After the payment of a 25% share dividend, an investor has 500 shares of stock and $400. What did the investor have prior to the share dividend?
a. 300 shares of stock
b. 375 shares of stock and $400
c. 400 shares of stock and $400
d. 625 shares of stock and $400
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
