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Janice, the controller for Papa Company is preparing to discuss the accounting ramifications of issuing...

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Accounting

Janice, the controller for Papa Company is preparing to discuss the accounting ramifications of issuing a stock dividend with the company's board of directors and has asked for your help. Janice is particularly unclear abount the difference between a small stock dividend and a large stock dividend. You tell Janice that a small stock dividend is defined as one that is: Multiple Choice

Less than or equal to 10%.

Less than or equal to 40%.

Less than 40%.

Less than 25%.

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