During 2011, Husky issued a stock dividend Answer the following questions about the stock dividend a How many shares did Husky issue as the stock dividend b What amount did Husky attribute to the stock dividend c If you owned 10,000 Husky shares, how many new shares would you have received as a div...

a On December 15 2004 the Company completed a 2 for 1 stock split effected in the form of a stock di ...

During 2011, Husky issued a stock dividend. Answer the following questions about the stock dividend. a. How

Question:

During 2011, Husky issued a stock Answer the following questions about the stock How many shares did Husky issue as the stock What amount did Husky attribute to the stock If you owned 10,000 Husky shares, how many new shares would you have received as a What effect did the stock have on the financial statements?
e. What journal entry would Husky have recorded to account for the stock What impact, if any, do you think the stock would have on Husky's earnings per share? Explain.

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...