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Current Attempt in Progress On October 1, Pharoah Corporation's stockholders' equity is as follows. Common stock, $6 par value Paid-in capital in excess of par-common
Current Attempt in Progress On October 1, Pharoah Corporation's stockholders' equity is as follows. Common stock, $6 par value Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity Par value before the stock dividend $ Par value after the stock dividend $453,000 On October 1, Pharoah declares and distributes a 10% stock dividend when the market price of the stock is $15 per share. eTextbook and Media 29,000 Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. $ 157,000 $639,000 Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed.
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