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B1) If the company's stock currently sells for $20 per share and a 20 percent stock dividend is declared, how many new shares will be
B1) If the company's stock currently sells for $20 per share and a 20 percent stock dividend is declared, how many new shares will be distributed?
The owners' equity accounts for Southern Lights International are shown here: Common stock ($.40 par value) Capital surplus Retained earnings 20,000 290,000 648,120 $958,120 Total owners' equity
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
1st Edition
0131163604, 9780131163607
