Mr. R. owns 20,000 shares of ABC Corporation. The company plans to issue a stock dividend. Before the dividend, Mr. R. owned 10 percent of the outstanding shares, which had a market value of $200,000, or $10 per share. When you receive the 10 percent stock dividend, Calculate the value of your shares.

Answer rating: 100% (QA)

To calculate the value of Mr Rs shares after receiving the 10 percent stock dividend we need to cons... View the full answer