A company has 20,000 shares of $10 par stock outstanding and declares a stock dividend of 8% The number of shares outstanding will increase by O 1600 O 16000 O2000 O 160
A company has 20,000 shares of $10 par stock outstanding and declares a stock dividend of 8% The number of shares outstanding will increase by O 1600 O 16000 O2000 O 160
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![A company has 20,000 shares of $10 par stock outstanding and declares a stock dividend of 8% The number of shares outstanding will increase by
O 1600
O 16000
O 2000
O 160](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc6e715bf-d7d7-448c-a115-488942f58099%2F40f531d2-cc9d-4807-957c-94cc66636a86%2F0l4wfwic_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A company has 20,000 shares of $10 par stock outstanding and declares a stock dividend of 8% The number of shares outstanding will increase by
O 1600
O 16000
O 2000
O 160
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