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The board of directors of ABC Company recently announced a 6% stock dividend. Assuming that the current stock price is OMR 5 and there
The board of directors of ABC Company recently announced a 6% stock dividend. Assuming that the current stock price is OMR 5 and there are 200,000 total ordinary shares outstanding of OMR 1 each. What is the amount of market capitalization of the company before the stock dividend? O a. None of these. O b. OMR 200,000 C. OMR 1,500,000 O d. OMR 1,000,000
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