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:
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