Farrah owns 5,000 shares of stock in DAS, Inc. with a market value of $15,000.DAS declares a
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Farrah owns 5,000 shares of stock in DAS, Inc. with a market value of $15,000.DAS declares a 20% stock dividend. After the dividend is paid, Farrah owns
| A. | 5,000 shares with a market value of $18,000. | |
| B. | 6,000 shares with a market value of $18,000. | |
| C. | 6,000 shares with a market value of $15,000. | |
| D. | 5,100 shares with a market value of $15,300. |
Expert Answer:
Related Book For 
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Posted Date:
