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Check my work Exercise 11-5 Stock dividends and splits LO P2 On June 30, 2017, Sharper Corporation's common stock is priced at $29 50 per
Check my work Exercise 11-5 Stock dividends and splits LO P2 On June 30, 2017, Sharper Corporation's common stock is priced at $29 50 per share before any stock dividend or split, and the stockholders' equity section of its balance sheet appears as follows authorized, 30,e00 shares issued and outstanding $ 180,000 100,8e0 280,000 $560,0ee Paid-in capital in excess of par value, common stock Retained earnings Total stockholders equity Assume that the company declares and immediately distributes a 100% stock dividend. This event is recorded by capitalizing shares shares. stockholders' equity as it exists after issuing the new shares shares rences retained earnings equal to the stock's par value. Answer these questions about stockholders' equity as it exists after issuing the new a.,b.& c. Complete the below table to calculate the retained earnings balance, total stockholders' equity and number of outstanding 2. Assume that the company implements a 2-for-1 stock split instead of the stock dividend in part 1. Answer these questions about a.,b.& c. Complete the below table to calculate the retained earnings balance, total stockholders' equity and number of outstanding Complete this question by entering your answers in the tabs below. rev 1 of 1Next A12/5/20 re to search 1Required 2 nts Assume that the company retained earnings equal to the stock's par value. Answer these questions about stockholders' equity as it exists after issuing the new shares. Complete the below table to calculate the retained earnings balance, total stockholders' equity and number of declares and immediately distributes a 100% stock dividend. This event is Hint Before Stock Dividend After Stock Dividend Dividend stock Paid in capital in excess of par value Retained earnings Total stockholders equity of common shares outstanding Required 2> 1 of 1 Next Help Save & Exit Submit Check mny work Assume that the company im a 2-for-1 stock split instead of the stock dividend in required 1. Answer these ut stockholders equity as it exists after issuing the new shares. Complete the below table to calculate the equity and number of outstanding shares. Ask Paid in capital in excess of par value earnings 4:09 PM 12/5/2018 O Type here to search
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