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Mr. Seider, a shareholder in the Greenfield Corporation, owns 9,000 shares of their common stock, which represents 20% of the outstanding common stock of Greenfield
Mr. Seider, a shareholder in the Greenfield Corporation, owns 9,000 shares of their common stock, which represents 20% of the outstanding common stock of Greenfield Corporation. Mr. Seider receives a 5% stock dividend. After the stock dividend, what is Mr. Seider's ownership in Greenfield Corporation's common stock?
A 15% ownership
B 5% ownership
C 20% ownership
D 25% ownership
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