Little, Inc. paid a 10 percent stock dividend. Prior to the dividend, the stock's price was $100 a share. Immediately after the dividend, the price will

A)

increase to $110.00 a share.
B)

decrease to $90.91 a share.
C)

decrease to $80.67 a share.
D)

do nothing in particular because of the dividend.


B

Business

You might also like to view...

All manufacturing costs that are assigned to completed (but unsold) products should be classified as

a. materials inventory costs. b. overhead costs. c. work in process inventory costs. d. finished goods inventory costs.

Business

What are the different types of investment objectives? What are the appropriate investments for each objective? Why is this important?

What will be an ideal response?

Business

People often delete or read email based upon the subject line alone

Indicate whether the statement is true or false

Business

What information should be contained on the title page?

Business