Ramos Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.25 per share. After the declaration and distribution of a 14% stock dividend, what is the total number of common shares issued?

Question

Ramos Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.25 per share.  After the declaration and distribution of a 14% stock dividend, what is the total number of common shares issued?

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The Answer of Ramos Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.25 per share.  After the declaration and distribution of a 14% stock dividend, what is the total number of common shares issued?

Ramos Corporation Reported the Following Equity Section on Its Current