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Heintz Corp

Question 78

Multiple Choice

Heintz Corp. has just declared a 10% stock dividend. The company's pre-stock dividend common stockholders' equity was as follows: Heintz Corp. has just declared a 10% stock dividend. The company's pre-stock dividend common stockholders' equity was as follows: If the common stock of Heintz was selling at $32 a share prior to the stock dividend, what will the retained earnings be after the stock dividend is distributed? A) $ 65,500,000 B) $118,500,000 C) $ 66,000,000 D) $ 97,500,000
If the common stock of Heintz was selling at $32 a share prior to the stock dividend, what will the retained earnings be after the stock dividend is distributed?


A) $ 65,500,000
B) $118,500,000
C) $ 66,000,000
D) $ 97,500,000

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