Question
Your Corporation had 50,000 shares of $8.00 par value common stock outstanding when it decided to issue a 10% stock dividend. The market value at
Your Corporation had 50,000 shares of $8.00 par value common stock outstanding when it decided to issue a 10% stock dividend. The market value at the date of the dividend was $20 per share. What is the dollar amount of the stock dividend?
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Principles Of Food Beverage And Labor Cost Controls
Authors: Paul R. Dittmer, Gerald G. Griffin
6th Edition
0471293253, 978-0471293255
