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Business, 07.05.2020 09:58 shai56

Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2018. In October 2018, Rick Co.'s Board of Directors declared and distributed a 1% common stock dividend when the market value of its common stock was $54 per share. In recording this transaction, Rick would:

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Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2018. In October 201...
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