Question
Buckle company declared and issued a 10% stock dividend on October 1, 2010. Before this dividend was declared and issued, there were 230,000 shares of
Buckle company declared and issued a 10% stock dividend on October 1, 2010. Before this dividend was declared and issued, there were 230,000 shares of $0.25 par common stock outstanding. After the stock dividend, how many shares are outstanding? What is the par value of each share?
There will be ________ shares outstanding
The par value is ________per share
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Auditing And Assurance Services
Authors: William Messier, Steven Glover, Douglas Prawitt
6th International Edition
0071284664, 978-0071284660
