Cody’s Western Wear has 2,000 shares of $10

| October 14, 2019


Cody’s Western Wear has 2,000 shares of $10 par value common stock outstanding. During the current year, the company distributed a 10% stock dividend. The market value of the stock at that time was $16 per share. Cody’s total stockholders’ equity should increase or decrease by

A. $0.  

B. $1,200.   

C. $2,000.   

D. ($3,200).

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