Question

Hona owns 200 shares of Firm X stock. How many shares will she have after the recently declared 15% stock dividend is completed?

Answer 1

230

Step-by-step explanation:

The company declared 15% stock dividend, each share holder will receive an increment of 15 shares per 100 shares, since Hona owns 200 shares she will receive 30 more shares so that her total share will 230