Bonnie owned 1,000 shares of Barton Creek Corporation worth $24 a share when the company declared a 6 percent stock dividend.After the stock dividend was paid,Bonnie owned ____ shares.

Question

Quizplus · Accepted Answer

Bonnie received a 6 percent stock dividend on her 1,000 shares, which means she got an additional 60 shares (6% of 1,000), making her total 1,060 shares.

Bonnie Owned 1,000 Shares of Barton Creek Corporation Worth $24