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Braco has 80,000 shares of $100 par value common stock outstanding, and 20,000 shares in the treasury. Braco is located in a state that allows
Braco has 80,000 shares of $100 par value common stock outstanding, and 20,000 shares in the treasury. Braco is located in a state that allows dividends on treasury stock. The number of additional shares that would be issued in a 5% stock dividend is: Select one: a. 1,000 Ob. 2,000 O c. 4,000 Od. 5,000 Braco has 80,000 shares of $100 par value common stock outstanding, and 20,000 shares in the treasury. Braco is located in a state that allows dividends on treasury stock. The number of additional shares that would be issued in a 5% stock dividend is
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