The stockholders' equity section of the balance sheet for Scuba Gear Corporation appeared as follows before its recent stock dividend: Scuba Gear declared a 10% stock dividend when the market price per share was $8. After the stock dividend was distributed, the components of the stockholders' equity section were:
D) There would be no change in the components of stockholders' equity.

Question

The stockholders' equity section of the balance sheet for Scuba Gear Corporation appeared as follows before its recent stock dividend:  Scuba Gear declared a 10% stock dividend when the market price per share was $8. After the stock dividend was distributed, the components of the stockholders' equity section were:
D) There would be no change in the components of stockholders' equity.

Quizplus · Accepted Answer

The Answer of The stockholders' equity section of the balance sheet for Scuba Gear Corporation appeared as follows before its recent stock dividend:  Scuba Gear declared a 10% stock dividend when the market price per share was $8. After the stock dividend was distributed, the components of the stockholders' equity section were:
D) There would be no change in the components of stockholders' equity.

The Stockholders' Equity Section of the Balance Sheet for Scuba