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Check my work 6 On June 13, the board of directors of Siewert Inc. declared a 5% stock dividend on its 140 million, $1 par,
Check my work 6 On June 13, the board of directors of Siewert Inc. declared a 5% stock dividend on its 140 million, $1 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $34 on June 13. Complete the below table to calculate the stock dividend. Prepare the journal entry to record the stock dividend 2 points Complete this question by entering your answers in the tabs below eBook Print References ock Dividend Journal Complete the below table to calculate the stock dividend. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Stock Dividend Number of outstanding shares Stock dividend percentage (%) Number of shares to be issued Value of stock dividend
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