Multiple Choice
Sam owns 5,000 shares of stock in Global X Corporation with a market value of $15,000.Global X declares a 20% stock dividend.After the dividend is paid,Sam owns
A) 6,000 shares with a market value of $18,000.
B) 6,000 shares with a market value of $15,000.
C) 5,100 shares with a market value of $15,300.
D) 5,000 shares with a market value of $18,000.
Correct Answer:
Verified
Correct Answer:
Verified
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