Mr.Jorgensen,a shareholder in the Best Corporation,owns 2000 shares of its common stock.Mr.Jorgensen receives a 7% stock dividend.After the stock dividend,Mr.Jorgensen will have a:
A) total of 140 shares of Best Corporation's common stock.
B) total of 1860 shares of Best Corporation's common stock.
C) total of 2000 shares of Best Corporation's common stock.
D) total of 2140 shares of Best Corporation's common stock.
Correct Answer:
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