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Bud Company has 14,000 shares of common stock authorized, of which 10,000 shares have been issued and 9,000 are currently outstanding. If the company declares
Bud Company has 14,000 shares of common stock authorized, of which 10,000 shares have been issued and 9,000 are currently outstanding. If the company declares a 10 percent stock dividend, how many shares of stock will it issue? a. 1,400 b. 900 c. 1,000 d. None of the above
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