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Business, 21.08.2020 06:01 maya4321

On September 30, Year 5, Saucier Company declared a 15% stock dividend when its stock was selling for $10 per share. As a result, Saucier will issue 20,000 additional shares of its $2 par value common stock. All outstanding shares were originally issued for $6 per share. What will be the decrease to stockholders' equity as a result of the declaration and distribution of the stock dividend

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On September 30, Year 5, Saucier Company declared a 15% stock dividend when its stock was selling fo...

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