Multiple Choice
Heintz Corp. has just declared a 10% stock dividend. The company's pre-stock dividend common stockholders' equity was as follows If the common stock of Heintz was selling at $32 a share prior to the stock dividend, what will the retained earnings be after the stock dividend is distributed?
A) $65,500,000
B) $118,500,000
C) $66,000,000
D) $97,500,000
Correct Answer:

Verified
Correct Answer:
Verified
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