Your Company had 150,000 authorized shares, 95,000 shares issued and 50,000 shares outstanding of $2 par value

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Your Company had 150,000 authorized shares, 95,000 shares issued and 50,000 shares outstanding of $2 par value common stock when it declared a 35% stock dividend. At the time of the dividend, the market value per share was $12. How many shares were issued as a result of this stock dividend

Posted Date: May 18, 2024 08:01 PM

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Your Company had 150,000 authorized shares, 95,000 shares issued and 50,000 shares outstanding of $2 par value

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