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1. Company XYZ has the following data: Common Stock, $10 par value; $2,000,000 Paid-in-Capital 1,000,000 Retained Earnings 900,000 On October 1, the company declares a
1. Company XYZ has the following data: Common Stock, $10 par value; $2,000,000
Paid-in-Capital 1,000,000
Retained Earnings 900,000
On October 1, the company declares a 20% stock dividend when the Fair-Value of the Stock is $60 per share. On December 1, the company splits their stock 4:1.
| 1. What is the total par value of the stock? | |
| 2. What is the total Stockholders' Equity before the stock dividend? | |
| 3. What is the Book-Value Per Share before the dividend? | |
| 4. What are the total number of shares before the stock dividend? | |
| 5. What is the % of the stock dividend? | |
| 6. What are the amount of shares for this dividend? |
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