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Business, 05.05.2020 18:39 yariiixox

On May 1, 2021, Ziek Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Ziek had 200000 shares of $1 par value common stock issued and outstanding. The fair value of Ziek's common stock was $25 per share on May 1, 2021.
As a result of this stock dividend, Ziek's total stockholders' equity:

A) increased by $500000.
B) did not change.
C) decreased by $500000.
D) decreased by $25000.

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Answers: 2

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On May 1, 2021, Ziek Corp. declared and issued a 10% common stock dividend. Prior to this dividend,...

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