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Gordon Corporation Reported the Following Equity Section on Its Current

Question 49

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Gordon Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $11.50 per share. Gordon Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $11.50 per share. What will the total number of shares issued be after the declaration and distribution of a 10% stock dividend? A) 20,000 common shares B) 154,000 common shares C) 140,000 common shares D) 14,000 common shares What will the total number of shares issued be after the declaration and distribution of a 10% stock dividend?


A) 20,000 common shares
B) 154,000 common shares
C) 140,000 common shares
D) 14,000 common shares

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