Chapter 19 & 26

The owners' oquity accounts for Hexagon Intemational are shown here: Common stock ($.60 par value) Capital surplus 30,000 385,000 838,120 Total owners' equity $1,253,120 a-1. If the company's stock currently sells for $30 per share and a 20 percent stock dividend is declared how many new shares will be distributed? (Do not round intormediate calculations.) New shares issued a-2. Show the new equity account balances after the stock dividend is paid. (D not round intermediate calculations.) Common stock Capital surplus Retained earnings Total owners' equity b-1.lf the company declared a 25 percent stock dividend, how many new shares will be distibuted? (Do not round intermediate calculations.) New shares issued b-2. Show the new equity account balances after the stock dividend is paid. (Do not round intermediate calculations.) Common stock Capital surplus Retained earnings Total owners'equity MacBook A