AW-Ch11 X * Course Hero X thinkwell | next ge x thinkwell | next ge x thinkwell | next ge x thinkwell | next ge x thinkwell | next ge x thinkwell | next ge x C coc.instructure.com/courses/19919/assignments/507400?module_item_id=1032471 G + 20205P HW-Ch11 Home Due Sunday by 11:59pm Points 32 Submitting an external tool Available May 15 at 12am - Jun 2 at 11:59pm 19 days e Textbook Account Modules Grades Dashboard WileyPLUS Support Courses Library Question 21 --/3 The Learning Center View Policies Calendar ConferZOOM Current Attempt in Progress Purchase Course On October 31, the stockholders' equity section of Novak Corp. consists of common stock $365,000 and retained earnings $903,000. Novak is Inbox Materials considering the following two courses of action: (1) declaring a 6% stock dividend on the 36,500, $10 par value shares outstanding, or (2) effecting a 2- ? Google Drive for-1 stock split that will reduce par value to $5 per share. The current market price is $16 per share. Help NameCoach Prepare a tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and par value per Campus Resource share. Guide After After Before Stock Stock Action Dividend Split Stockholders' equity Paid-in capital Common stock $ $ In excess of par Total paid-in capital K Retained earnings" HW-Ch11 X * Course Hero X thinkwell | next ge x thinkwell | next ge x thinkwell | next ge x thinkwell | next ge x thinkwell | next ge x thinkwell | next ge x C coc.instructure.com/courses/19919/assignments/507400?module_item_id=1032471 G + COMer ZOOM Purchase Course On October 31, the stockholders' equity section of Novak Corp. consists of common stock $365,000 and retained earnings $903,000. Novak is Materials considering the following two courses of action: (1) declaring a 6% stock dividend on the 36,500, $10 par value shares outstanding, or (2) effecting a 2- Google Drive for-1 stock split that will reduce par value to $5 per share. The current market price is $16 per share. Account NameCoach Prepare a tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and par value per Campus Resource share. Guide Dashboard After After Before Stock Stock Action Dividend Split Courses Stockholders' equity Paid-in capital Calendar Common stock +A $ In excess of par Inbox Total paid-in capital ? Help Retained earnings Total stockholders' equity $ Outstanding shares Par value per share 69 eTextbook and Media Save for Later Attempts: unlimited Submit Answer K