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Decor and More Imports recently reported the following stockholders' equity: (Click the icon to view the data.) Suppose Decor and More split its common stock
Decor and More Imports recently reported the following stockholders' equity: (Click the icon to view the data.) Suppose Decor and More split its common stock 2-for-1 in order to decrease the market price per share of its stock. The company's stock was trading at $17 per share immediately before the split Read the requirements Requirement 1. Prepare the stockholders' equity section of the Decor and More Imports balance sheet after the stock split Select the labels and then enter the amounts to complete the stockholders' equity section of the balance sheet. Data table Decor and More Imports Balance Sheet (Partial) Stockholders' Equity Stockholders' Equity Paid-In Capital: 119,000,000 148,000,000 Paid-In Capital: Common stock-$1 Par Value: 490,000,000 shares authorized, 119,000,000 shares issued and outstanding S Paid-In Capital in Excess of ParCommon Total Paid-In Capital Retained Earnings Total Stockholders' Equity 267.000.000 654,000,000 921,000,000 Total Pald-in Capital Total Stockholders' Equity ( Print Done Requirements 1. Prepare the stockholders' equity section of the Decor and More Imports balance sheet after the stock split. 2. Were the account balances changed or unchanged after the stock split? Print Done Clear all Check
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