Business, 02.07.2021 19:30 lachereyon11

Rick Co. had 36 million shares of $1 par common stock outstanding at January 1, 2021. In October 2021, Rick Co.'s Board of Directors declared and distributed a 1% common stock dividend when the market value of its common stock was $56 per share. In recording this transaction, Rick would:

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Rick Co. had 36 million shares of $1 par common stock outstanding at January 1, 2021. In October 202...

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