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A options: 249087, 214336, 203442, 233191, 225168 Question 22 5 pts Jess and Liz Inc. has 12,800 shares of stock outstanding with a par value
A options: 249087, 214336, 203442, 233191, 225168
Question 22 5 pts Jess and Liz Inc. has 12,800 shares of stock outstanding with a par value of $1 per share. The market value is $17.50 a share. The balance sheet shows $12,800 in the common stock account, $178,098 in the capital in excess of par account, and $227,455 in the retained earnings account. The firm just announced a stock dividend of 12 percent. A. What is the value of the capital in excess of par account after the dividend? [Select ] B. What is the balance in the retained earnings account after the dividend? $200,575Step by Step Solution
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