Multiple Choice
On June 30, 2014, when Ermler Co.'s stock was selling at $65 per share, its capital accounts were as follows: If a 100% stock dividend were declared and distributed, capital stock would be
A) $2,500,000.
B) $3,100,000.
C) $5,000,000.
D) $7,300,000.
Correct Answer:

Verified
Correct Answer:
Verified
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