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Mr. Seider, a shareholder in the Greenfield Corporation, owns 3,000 shares of their common stock, which represents 35% of the outstanding common stock of Greenfield
Mr. Seider, a shareholder in the Greenfield Corporation, owns 3,000 shares of their common stock, which represents 35% of the outstanding common stock of Greenfield Corporation. Mr. Seider receives a 10% stock dividend. After the stock dividend, what is Mr. Seider's ownership in Greenfield Corporation's common stock?
A: 35% ownership
B: 25% ownership
C: 10% ownership
D: 45% ownership
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