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On May 1, 2021, Marigold Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Marigold had 192000 shares of $1 par
On May 1, 2021, Marigold Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Marigold had 192000 shares of $1 par value common stock issued and outstanding. The fair value of Marigold's common stock was $23 per share on May 1, 2021. As a result of this stock dividend, Marigold's total stockholders' equity
increased by $441600.
decreased by $441600.
did not change.
decreased by $23000.
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