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Flyer Corp. has 1,000 shares outstanding and retained earnings of $25,000. Theoretically, what would you expect to happen to the price of their stock, currently
Flyer Corp. has 1,000 shares outstanding and retained earnings of $25,000. Theoretically, what would you expect to happen to the price of their stock, currently selling for $40 per share, if a 20% stock dividend is declared? A. Nothing price should remain at $40.00. B. Price should decrease to $33.33 per share. C. Price should decrease to $32.00 per share. D. Price should increase to $54.17 per share
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