if-a-company-declares-a-stock-dividend-of-8-on-100000-shares-with-a-market-price

Question

If a company declares a stock dividend of 8% on 100,000 shares with a market price of $30 per share, what is the total dollar amount of the stock dividend?

Accepted Answer

$240,000

Answer

$80,000

Answer

$300,000

Answer

$320,000

If a company declares a stock dividend of 8% on 100,000 shares with a market price of \$30 per share, what is the total dollar amount of the stock dividend?