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Determine the Ziek total stockholders equity

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Reference no: EM132855735

Question - On May 1, 2019, Ziek Corp. declared and issued a 10% ordinary stock dividend. Prior to this dividend, Ziek had 100,000 shares of P1 par value ordinary shares issued and outstanding. The fair value of Ziek 's shares was P20 per share on May 1, 2019. As a result of this stock dividend, determine the Ziek's total stockholders' equity?

a. decreased by 200,000

b. decreased by 10,000.

c. did not change.

d. increased by 200,000.

Reference no: EM132855735

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