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The Eagleton Corporation has 200,000 shares outstanding of $1 per share par value common stock that was issued for $5 per share, but currently trades
The Eagleton Corporation has 200,000 shares outstanding of $1 per share par value common stock that was issued for $5 per share, but currently trades on a stock market for $10 per share. The board of directors opts to issue a 5% stock dividend. What will be the reported reduction in retained earnings as a result of this action? Select a Choice Below current question choices OptionA $100,000 OptionB $10,000 OptionC $50,000 OptionD $75,000
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