Stock Dividend Effects If a firm has retained earnings of $23 million, a common shares account of
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Stock Dividend Effects If a firm has retained earnings of $23 million, a common shares account of $275 million, and additional paid-in capital of $100 million, how would these accounts change in response to a 20 percent stock dividend? Assume market value of equity is equal to book value of equity. (LG6)
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Related Book For 
Finance Applications And Theory
ISBN: 9780073530673
2nd Edition
Authors: Marcia Cornett, Troy Adair, John Nofsinger
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