The corporation issued a small stock dividend of 15 percent of its 120,000 outstanding shares of common stock. You own 1,000 shares of the common stock, prior to the stock dividend. As a result of the stock dividend:
A) you have 150 more additional shares of common stock.
B) your total stockholders' equity increased.
C) the company's total stockholders' equity increased.
D) you had a monetary gain equal to the 150 shares multiplied times the market price.
Answer: A) you have 150 more additional shares of common stock.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.