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Business, 13.11.2020 17:00 cjgonzalez981

Lowell Company announces a large stock dividend of 25% of the 4 million outstanding shares of common stock. The current price per share is $10.00. Par value of the stock is $1 per share. What effect does this dividend have on retained earnings

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Lowell Company announces a large stock dividend of 25% of the 4 million outstanding shares of common...
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