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Chapter 13 Accounting for Corporations xkholders' equity of TVX Company at the beginning of the day on February 5 follows sho Stock share The Common

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Chapter 13 Accounting for Corporations xkholders' equity of TVX Company at the beginning of the day on February 5 follows sho Stock share The Common stock-$10 par value, 150,000 shares P2 authorized, 60,000 shares issued and outstanding Paid-in capital in excess of par value, common stock ...$ 600,000 425,000 550,000 ....$1.575,000 Total stockholders' equity .. On February 5, the directors declare a 20% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. The stock's market value is $33.40 per share on February 28. f. Prepare entries to record both the dividend declaration and its distribution. 2 One stockholder owned 800 shares on February 5 before the dividend. Compute the book value per share and total book value of this stockholder's shares immediately before and after the stock dividend of February 5 3. Compute the total market value of the investor's shares in part 2 as of February 5 and February 28. ch each description I through 4 with the characteristic of preferred stock that it best describes

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