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5 Board of directors of Blue Moon Bestand we authorized 15 percent stock dividend after toglitoring Rer30 million gratis profit. Elie moon Betad decided to
5 Board of directors of Blue Moon Bestand we authorized 15 percent stock dividend after toglitoring Rer30 million gratis profit. Elie moon Betad decided to pay stock dividends to its shareholders instead of cash since the wants to use the cash for investing in future growth investment. The stock dividend will be distributed between December to March 2020. The number of shares oued to each record shareholders will be rounded up to the nearest whole number. The company's common shares are currently trading at AMi per share. The expected partial balance sheet of Blue Moon is as follow Pattial Equity Account for Blue Moon Berhad (M Preferred Stock 100.000.000 Common Stock RM 300.000.000 Capitales 220.000.000 Putrired Earnings 380.000.000 Total Equity 1,000,000,000 What is the value of retained earnings after the stock dividend? Answer RM380,000,000 RM515,000,000 RM357,500,000 RM245,000,000 What is the value of capital excess after the stock dividend? Answer RM310,000,000 RM242,500,000 RM90,000,000 RM355,000,000 What is the common stock value after the stock dividend? Answer RM300,000,000 RM345,000,000 RM172,500,000 RM390,000,000
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