On June 30,2014,Lynch Co

question 71

Multiple Choice

On June 30,2014,Lynch Co.declared and issued a 15 percent stock dividend.Prior to this dividend,Lynch had 50,000 shares of $10 par value common stock issued and outstanding.The market value of Lynch Co.'s common stock on June 30,2014,was $24 per share.As a result of this stock dividend,by what amount would Lynch's total stockholders' equity increase (decrease) ?

• A) $0
• B) $75,000
• C) $70,000
• D) $(70,000)

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Definitions:

Complex Projects

Projects characterized by high uncertainty, numerous stakeholders, and multifaceted dependencies and interactions.

Document Archives

A collection of historical records or documents, either physical or digital, organized and preserved for future reference.

Numbering Techniques

Methods used to assign unique identifiers to items in a systematic manner, facilitating organization, tracking, and retrieval.

Scope Change Requests

Formal requests for alterations to the project’s scope, requiring review and approval before being incorporated into the project plan.