The board of directors declared a stock dividend on March 1st, for shareholders of record on...
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The board of directors declared a stock dividend on March 1st, for shareholders of record on March 15th, to be issued at March 31st. The historical cost per share is $15 and the share price on March 1st, 15th and 31st was $13, $12, $16 respectively. Which one of the following is the price the stock dividend will be issued at? a $16 Ob. $15 Oc $13 Od $12 The board of directors declared a stock dividend on March 1st, for shareholders of record on March 15th, to be issued at March 31st. The historical cost per share is $15 and the share price on March 1st, 15th and 31st was $13, $12, $16 respectively. Which one of the following is the price the stock dividend will be issued at? a $16 Ob. $15 Oc $13 Od $12
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
Posted Date:
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