Number of additional shares that would be issued, Accounting Basics

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Number of additional shares that would be issued

Can you please help me figure out what the calculation is for something like this? Braco has 40,000 shares of $100 par value common stock outstanding, and 10,000 shares in the treasury. The number of additional shares that would be issued in a 5% stock dividend is:

a. 500

b. 1,000

c. 1,500

d. 2,500

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Accounting Basics: Number of additional shares that would be issued

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Accounting Basics: Number of additional shares that would be issued

Reference No:- TGS054499

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Recent Questions Asked Accounting Basics

Q : Draw edgeworth box diagram to represent possibilities

Q : What is the market value

Q : Accounting or pooling-of-interests accounting

Q : What maximum amount pay for building-lot at present time

Q : Number of additional shares that would be issued

Q : Prepare the entry to record the factory labor costs

Q : Compute the amount stansfield should report

Q : Examines a business issue

Q : Does the farmer minimize costs by hiring nine workers

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Number of additional shares that would be issued

Reference No:- TGS054499

Recent Questions Asked Accounting Basics

Q : Draw edgeworth box diagram to represent possibilities

Q : What is the market value

Q : Accounting or pooling-of-interests accounting

Q : What maximum amount pay for building-lot at present time

Q : Number of additional shares that would be issued

Q : Prepare the entry to record the factory labor costs

Q : Compute the amount stansfield should report

Q : Examines a business issue

Q : Does the farmer minimize costs by hiring nine workers

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