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What is increase in current liabilities as a result of share

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Problem 1: Mark declared a 5% share dividend on 100,000 issued and outstanding shares of $20 par value, which had a fair value of $50 per share before the share dividend was declared. The share dividend was distributed 60 days after the declaration date. What is the increase in current liabilities as a result of the Share dividend declaration?

Option a. 0

Option b. 250,000

Option c. 100,000

Option d. 150,000

Reference no: EM132796132

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