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The Owners' Equity Accounts for Boats and More Are Shown

Question 82

Multiple Choice

The owners' equity accounts for Boats and More are shown here: The owners' equity accounts for Boats and More are shown here: Assume Boats and More stock currently sells for $38 per share and a 10 percent stock dividend is declared.What will be the new common stock account value? A) $40,909 B) $45,000 C) $47,000 D) $48,511 E) $49,500 Assume Boats and More stock currently sells for $38 per share and a 10 percent stock dividend is declared.What will be the new common stock account value?


A) $40,909
B) $45,000
C) $47,000
D) $48,511
E) $49,500

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