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On June 30,2017,Rangers,Inc

question 152

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On June 30,2017,Rangers,Inc.showed the following data on the equity section of their balance sheet:
On June 30,2017,Rangers,Inc.showed the following data on the equity section of their balance sheet:   On July 1,2017,the company declared and distributed a 12% stock dividend.The market value of the stock at that time was $22 per share.Following this transaction,what is the number of shares issued? A) 119,640 B) 342,600 C) 178,080 D) 159,000
On July 1,2017,the company declared and distributed a 12% stock dividend.The market value of the stock at that time was $22 per share.Following this transaction,what is the number of shares issued?


Definitions:

US

A country located in North America, known officially as the United States of America, characterized by a federal republic governmental structure.

CR

Depending on the context, CR can refer to a variety of concepts; without further clarification, it could mean Conditioned Reflexes, Critical Reading, or something entirely different.

Extinction Procedure

A behavioral technique in which reinforcement of a previously reinforced behavior is discontinued to reduce or eliminate that behavior.

Rest Interval

A period of time taken to rest or pause from activity, often used in exercise or work schedules to prevent fatigue.

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