Mr.Seider,a shareholder in the Greenfield Corporation,owns 1,000 shares of their common stock,which represents 30% of the outstanding common stock of Greenfield Corporation.Mr.Seider receives a 10% stock dividend.After the stock dividend,what is Mr.Seider's ownership in Greenfield Corporation's common stock?
A) 10% ownership
B) 20% ownership
C) 30% ownership
D) 40% ownership
Correct Answer:
Verified
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