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On August 31,2013,Victory Corporation's Common Stock Is Priced at $30

question 170

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On August 31,2013,Victory Corporation's common stock is priced at $30 per share before any stock dividend or split,and the stockholders' equity section of its balance sheet appears as follows.Assume that the company declares and immediately distributes a 15% stock dividend. On August 31,2013,Victory Corporation's common stock is priced at $30 per share before any stock dividend or split,and the stockholders' equity section of its balance sheet appears as follows.Assume that the company declares and immediately distributes a 15% stock dividend.    -What is the total amount in the Retained Earnings account immediately after the stock dividend? A) $537,000 B) $195,000 C) $366,000 D) $100,000 E) $0
-What is the total amount in the Retained Earnings account immediately after the stock dividend?


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