Following is the shareholders' equity section of the balance sheet of the Everslim Corporation: Share capital:
Common shares, 100,000 shares authorized,
The common shares are currently selling for $15.50 per share.
The number of common shares authorized and issued after the distribution of a 15% common stock dividend is:

Question

Following is the shareholders' equity section of the balance sheet of the Everslim Corporation: Share capital:
Common shares, 100,000 shares authorized,
 The common shares are currently selling for $15.50 per share.
The number of common shares authorized and issued after the distribution of a 15% common stock dividend is:

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The Answer of Following is the shareholders' equity section of the balance sheet of the Everslim Corporation: Share capital:
Common shares, 100,000 shares authorized,
 The common shares are currently selling for $15.50 per share.
The number of common shares authorized and issued after the distribution of a 15% common stock dividend is:

Following Is the Shareholders' Equity Section of the Balance Sheet