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

Answer choices are:

A. $0.
B. $1,200.
C. $2,000.
D. ($3,200)

Correct answer choice is:

D. ($3,200)

Explanation:

The company, from the above information provided, gave 10% stock dividend. Therefore, the number of shares would be changed from 2000 to 2200 which means there is an increase of $200,

Hence, the increase in shares equity would be 200 shares at the market value of $16

Thus,
Cody's total stockholders' equity = 200 × 16
                                                        = $ 3200

Question was not very clear if there are specific answer choices tell me and i'll try to you more. hope this though2 laps is 1 min. we know that for each min she does two times the amount of laps. for 12 laps we can do 12/2 which does give us 12 laps in 6 mins not 16 mins.

When seismic waves hit a fault, the waves are reflected off the fault. seismograph can detect these reflected seismic waves. geologists then use these data to map the fault's length and depth