I'm looking at the below webpage. The question states \"On01/30/12, prior to...., Rice declared a 100% stock dividend onc/s\".
I see mathematically what happens but I don't understand why.How come two years of COMMON stock dividends are issued not justone year? It isn't cumulative preferred stock.
There's something about issuing common stock dividends I mustnot understand. Could you please connect the dots?
https://www.chegg.com/homework-help/questions-and-answers/december-31-2010-rice-company-300-000-shares-common-stock-10-000-shares-5-100-par-value-cu-q1083710.
Thank you, Natalie
