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On May 1, Y8, when the market value of Jade Ltd.'s common shares was $15 per share, the corporation had 100,000 no par value common
On May 1, Y8, when the market value of Jade Ltd.'s common shares was $15 per share, the corporation had 100,000 no par value common shares issued and outstanding. On this day, Jade declared and issued a 15% common stock dividend. As a result of this stock dividend, Jade's total shareholders' equity Question 8 options: decreased by $15,000. decreased by $225,000. did not change. increased by $225,000
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