On June 30, 2015, Roger Company Showed the Following Data

question 71

Multiple Choice

On June 30, 2015, Roger Company showed the following data on the equity section of their balance sheet: On July 1, 2015, Roger declared and distributed a 5% stock dividend. The market value of the stock at that time was $13 per share. Following this transaction, what would the new balance in Retained Earnings be?

• A)$916,000
• B)$942,000
• C)$966,000
• D)$849,000

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Definitions:

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Single-Parent Kids

Children who are raised by only one parent due to various circumstances such as divorce, death, or single adoption.

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The use of words to reprimand or discipline someone, often as an alternative to physical punishment.

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Categories of individuals based on their economic, social status, and job roles, influencing their opportunities and lifestyle.