After the Payment of a 25% Stock Dividend, an Investor

question 23

Multiple Choice

After the payment of a 25% stock dividend, an investor has 500 shares of stock and $400.What did the investor have prior to the stock dividend?

• A)300 shares of stock
• B)400 shares of stock and $400
• C)400 shares of stock
• D)625 shares of stock and $400

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