Multiple Choice
A company had 50,000 common shares. During the period, a 10% stock dividend was declared and distributed. The market value was $25 a share. As a result of this stock dividend, retained earnings should increase (decrease) by:
A) $50,000.
B) $(50,000) .
C) $125,000.
D) $(125,000) .
Correct Answer:
Verified
Correct Answer:
Verified
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