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Brief Exercise 11-6 Your answer is partially correct. Try again. The stockholders' equity section of Swifty Corporation's balance sheet consists of common stock ($8 par)
Brief Exercise 11-6 Your answer is partially correct. Try again. The stockholders' equity section of Swifty Corporation's balance sheet consists of common stock ($8 par) $1.016,000 and retained earnings $450,000. A 15 % stock dividend (19.050 shares) is declared when the market price per share is $18. (a) Show the before-and-after effects of the dividend on the components of stockholders' equity After Dividend Before Dividend Stockholders Equity Paid-in Capital 1,016,000 Common Stock C Paid-in Capital in Excess of Par Value-Common Stoco 1,016,000 Total Paid-in Capital 450,000 Retained Eamings 1466000 C oldore Enuite Downloadable eTextbook Gradebook ORION Assignment ctice nment UCIUEC DIVUCuu Stockholders Equity Paid-in Capital 1,016,000 Common Stock Paid-in Capital in Excess of Par Value-Common Stock 1,016,000 Total Paid-in Capital 450,000 Retained Eamings 1466000 Total Stockholders Equity (b) Show the before-and-after effects of the dividend on the shares outstandino. After Dividend Before Dividend Outstanding shares Open Show Work Click if you would like to Show Work for this
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