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Question 6 On October 1, 2018, Seminole Corporation declared and issued a 10% stock dividend. Prior to the date, Seminole had 200,000 shares of
Question 6 On October 1, 2018, Seminole Corporation declared and issued a 10% stock dividend. Prior to the date, Seminole had 200,000 shares of 55 par outstanding. The market value of Seminole Corporation on the date of declaration was $10 per share. As a result of thin didend Sem O No change O Increase by $200,000 O Decrease by $100,000 O Decrease by $200,000
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