Solved

MrJorgensen,a Shareholder in the Best Corporation,owns 1,000 Shares of Their

Question 96

Multiple Choice

Mr.Jorgensen,a shareholder in the Best Corporation,owns 1,000 shares of their common stock.Mr.Jorgensen receives a 5% stock dividend.After the stock dividend,Mr.Jorgensen will have a:


A) total of 50 shares of Best Corporation's common stock.
B) total of 950 shares of Best Corporation's common stock.
C) total of 1,000 shares of Best Corporation's common stock.
D) total of 1,050 shares of Best Corporation's common stock.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents