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1) Columbia Corp. has asked you to provide comparative data on a proposed stock expansion plan. Columbia wishes to either issue a 50% stock dividend
1) Columbia Corp. has asked you to provide comparative data on a proposed stock expansion plan. Columbia wishes to either issue a 50% stock dividend or a 2-for-1 stock split. Prepare the appropriate comparative information for Columbia's Board of Directors. # Of Shares Common Outstanding Stock Retained Earnings Par Value APIC $15 100,000 $1,500,000 $2,000,000 $3,250,000 Present Bal. Dividend Split
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