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A company with 91,000 authorized shares of 57 par common stock issued 32,000 shares at $16. Subsequently, the company declared a 2% stock dividend on
A company with 91,000 authorized shares of 57 par common stock issued 32,000 shares at $16. Subsequently, the company declared a 2% stock dividend on a date when the market price was $33 per share, What is the amount transfered from the retained earnings account to paid-in capital accounts as a result of the stock dividend 6. $15300 Db $50/420 x/34,400) Od. $19,40
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