Mr Smith, a Shareholder in the Wolverine Corporation, Owns 1,000

question 31

Multiple Choice

Mr. Smith, a shareholder in the Wolverine Corporation, owns 1,000 shares of their common stock. Mr. Smith receives a 5% stock dividend. After the stock dividend, Mr. Smith will have a:

• A) total of 50 shares of Wolverine's common stock.
• B) total of 950 shares of Wolverine's common stock.
• C) total of 1,000 shares of Wolverine's common stock.
• D) total of 1,050 shares of Wolverine's common stock.

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Definitions:

Mexico

A country located in the southern portion of North America, known for its rich cultural heritage, diverse landscapes, and vibrant cuisine.

Opportunity Cost

Opportunity cost represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.

Machinery

Refers to machines or automated systems that contribute to the manufacturing or production process.

United States

A country located in North America consisting of 50 states and is known for its large size and diverse population.