By what amount did aaas current liabilities increase

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Problem

AAA Corp. declared a 5% stock dividend on its 10,000 issued and outstanding shares of P2 par value common stock, which had a fair value of P5 per share before the stock dividend was declared. This stock dividend was distributed 60 days after the declaration date. Get the instant assignment help. By what amount did AAA's current liabilities increase ás a result of the stock dividend declaration?

Reference no: EM134007313

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