If a firm has retained earnings of $20 million, a common shares account of $40 million, and additional paid-in-capital of $10 million, how much would be transferred in (or out) of these accounts in response to a 30 percent stock dividend, respectively?
A) -30%, 0%, +30%
B) -30%, +30%, 0%
C) -75%, +30%, +30%
D) -75%, +37.5%, +37.5%
Correct Answer:
Verified
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