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Stockholders' equity of Company A is as follows: The current market price of Company A's stock is $23 per share. Company A declares a 15%
Stockholders' equity of Company A is as follows: The current market price of Company A's stock is $23 per share. Company A declares a 15% stock dividend. The entry to record the declaration will: decrease Retained Earnings by $517,500 decrease Retained Earnings by $112,500 increase Retained Earnings by $517,500 increase Retained Earnings by $112,500
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