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0 Required information The following information applies to the questions displayed below] The stockholders' equity of TVX Company at the beginning of the day on
0 Required information The following information applies to the questions displayed below] The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Common stock-$15 par value, 150,000 shares authorized, 59,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $885,e00 525,800 675,800 $ 2,085,800 Total stockholders equity On February 5, the directors declare a 18% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $35 per share on February 5 before the stock dividend. The stock's market value is $30 per share on February 28
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