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On july 31, 2010 lakers Corporation purchased 500,000 shares of Celtic Corporation. On december 31,2011, Lakers distributed 250,000 shares of celtic stock as a dividend
On july 31, 2010 lakers Corporation purchased 500,000 shares of Celtic Corporation. On december 31,2011, Lakers distributed 250,000 shares of celtic stock as a dividend to lakers stockholders. This is an example of a? A. Liquidition dividend B. Investment Dividend C. Propert Dividend. D. Stock Dividend
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2 Principles Of Financial And Managerial Accounting
Authors: Pollard, Sherry T. Mills, Walter T. Harrison Jr.
0136009891, 978-0136009894
