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/courses/9227/assignments/215369 Sunland Company has had 4 years of net income. Due to this success, the market price of its 340,000 shares of $5 par value

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/courses/9227/assignments/215369 Sunland Company has had 4 years of net income. Due to this success, the market price of its 340,000 shares of $5 par value common stock has increased from $11 per share to $52. During this period, paid-in capital remained the same at $4,370,000. Retained earnings increased from $1,710,000 to $12,200,000. President E. Rife is considering either a 13% stock dividend or a 2-for-1 stock split He asks you to show the before-and-after effects of each option on retained earnings Retained earnings after stock dividend $ Retained earnings after stock split e Textbook and Media Assistance Used He asks you to show the before-and-after effects of each option on total stockholders' equity. Total stockholders' equity after stock dividend $ Total stockholders' equity after stock split e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later

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