Mr. Jorgensen, a shareholder in the Best Corporation, owns 10,000 shares of its common stock. Mr. Jorgensen receives a 6% stock dividend. After the stock dividend, Mr. Jorgensen will have a:
A) total of 600 shares of Best Corporation's common stock.
B) total of 9400 shares of Best Corporation's common stock.
C) total of 10,000 shares of Best Corporation's common stock.
D) total of 10,600 shares of Best Corporation's common stock.
D
You might also like to view...
Credit health insurance
A) covers creditors only B) covers both debtors and creditors C) provides payments on loans if the debtor dies D) provides payments on loans that become due while the debtor is disabled
Which of the following statements is true about channel-originated promotion?
A) It is directed at intermediate channels of distribution. B) It is run by the channel, either to the next channel in the distribution chain or to final customers. C) It is an attempt to get the channels of distribution to stock more of a product. D) It comes directly to the customer from the manufacturer.