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A Corporation Declared and Issued a 15% Stock Dividend on November

Question 27

Multiple Choice

A corporation declared and issued a 15% stock dividend on November 1.The following up-to-date information was available immediately prior to the dividend: A corporation declared and issued a 15% stock dividend on November 1.The following up-to-date information was available immediately prior to the dividend: The amount that total stockholders' equity will increase (decrease) as a result of recording this stock dividend is: A) $45,000 B) $135,000 C) $(90,000) D) $(135,000) E) $0 The amount that total stockholders' equity will increase (decrease) as a result of recording this stock dividend is:


A) $45,000
B) $135,000
C) $(90,000)
D) $(135,000)
E) $0

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