Multiple Choice
Cody's Western Wear has 2,000 shares of $10 par value common stock outstanding.During the current year,the company distributed a 10% stock dividend.The market value of the stock at that time was $16 per share.Cody's total stockholders' equity should increase or decrease by:
A) $0.
B) $1,200.
C) $2,000.
D) ($3,200) .
Correct Answer:
Verified
Correct Answer:
Verified
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