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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.
-What is the total amount in the Retained Earnings account immediately after the stock dividend?
Continuing Education
Continuing education refers to post-secondary learning activities aimed at personal or professional development, often required in various professions to maintain licensure or certification.
Traffic Jam
A situation where there is a congestion of vehicles on roads, often resulting in slow movement or complete standstill.
Personnel Manager
A professional responsible for overseeing the recruitment, training, and welfare of employees.
Proper Grammar
The set of rules that govern the syntax, punctuation, and word usage in a given language, ensuring clarity and effective communication.
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