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On June 30,2017,Rangers,Inc

Question 152

Multiple Choice

On June 30,2017,Rangers,Inc.showed the following data on the equity section of their balance sheet:
On June 30,2017,Rangers,Inc.showed the following data on the equity section of their balance sheet: On July 1,2017,the company declared and distributed a 12% stock dividend.The market value of the stock at that time was $22 per share.Following this transaction,what is the number of shares issued? A) 119,640 B) 342,600 C) 178,080 D) 159,000
On July 1,2017,the company declared and distributed a 12% stock dividend.The market value of the stock at that time was $22 per share.Following this transaction,what is the number of shares issued?


A) 119,640
B) 342,600
C) 178,080
D) 159,000

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