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D Question 13 3 pts PowerUp Corp. has retained earnings of $1,600,000 and total stockholders' equity of $4,000,000. It has 600,000 shares of $5

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D Question 13 3 pts PowerUp Corp. has retained earnings of $1,600,000 and total stockholders' equity of $4,000,000. It has 600,000 shares of $5 par value common stock outstanding, which is currently selling for $30 per share. If PowerUp declares a 5% stock dividend on its common stock: retained earnings will decrease by $900,000 and total stockholders' equity will increase by $900,000. retained earnings will decrease by $900,000 and total paid-in capital will increase by $900,000. retained earnings will decrease by $150,000 and total stockholders' equity will increase by $150,000. net income will decrease by $150,000.

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