Question
A company with the shareholders equity shown below declares a stock dividend of 20 percent. The market value of its common stock is 100 per
A company with the shareholders equity shown below declares a stock dividend of 20 percent.
The market value of its common stock is 100 per share, while the par value is 2.
Common stock 1.000.000
Capital surplus 2.000.000
Retained earnings 10.000.000
Total owners' equity 13.000.000
- How many shares are they going to issue?
- What is the new statement of shareholders Equity?
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Project Finance Practical Case Studies Volume 2
Authors: Henry A. Davis
2nd Edition
1843740524, 9781843740520
