Question
Deltatran stock currently sells for $42/share. The owners equity accounts just before a 10% stock dividend is paid are shown below. What will be the
Deltatran stock currently sells for $42/share. The owners equity accounts just before a 10% stock dividend is paid are shown below. What will be the value in the capital surplus (APIC) account immediately after the dividend?
| Commons Stock ($1 par) | $45,000 |
| Capital Surplus (APIC) | $125,000 |
| Retained Earnings | $580,000 |
Group of answer choices
$309,500
$189,000
$184,500
$125,000
$314,000
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
