Question
Farrah owns 5,000 shares of stock in DAS, Inc. with a market valueof $15,000.DAS declares a 20% stock dividend. After the dividend is paid,Farrah owns
Farrah owns 5,000 shares of stock in DAS, Inc. with a market valueof $15,000.DAS declares a 20% stock dividend. After the dividend is paid,Farrah owns
A)6,000 shares with a market value of $18,000.
B)6,000 shares with a market value of $15,000.
C)5,100 shares with a market value of $15,300.
D)5,000 shares with a market value of $18,000.
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
