Question: select which answer: Tudor Corp. declared and issued a 10% common stock dividend. The fair value of it's common stock was $20 per share at
select which answer:
Tudor Corp. declared and issued a 10% common stock dividend. The fair value of it's common stock was $20 per share at the time. Before this stock dividend event, the company had 10,000 shares of $1 par value common stock issued and outstanding. As a result of this stock dividend, it's total stockholders' equity
| decreased by $20,000. |
| increased by $20,000 |
| increased by $1,000. |
| did not change. |
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