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Julia owns 1,000 of the 10,000 outstanding shares of Bluo Company. The net assets of the company are $5 million. It distributes a four percent
Julia owns 1,000 of the 10,000 outstanding shares of Bluo Company. The net assets of the company are $5 million. It distributes a four percent stock dividend. For each one hundred shares that a stockholder possesses, Bluo Company issues an additional four shares. What is the effect on Julia's financial position after this issue? Select a Choice Below current question choices OptionA Julia's financial position increases by 4%. OptionB Julia's financial position remains the same. OptionC Julia's financial position decreases by 4%. OptionD Julia's financial position increases by more than 4%
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