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Digger Corp declared a 10% stock dividend. Digger has 1,000 shares of $1 par common stock outstanding. The market prices of the stock on the
Digger Corp declared a 10% stock dividend. Digger has 1,000 shares of $1 par common stock outstanding. The market | |||
prices of the stock on the each of the following dates are as follows: Declaration $20/sh, Record $21/sh, Payment $23/sh | |||
Tipsy Corp declared a 100% stock dividend. Tipsy has 2,000 shares of $2 par common stock outstanding. The market | |||
prices of the stock on the each of the following dates are as follows: Declaration $25/sh, Record $30/sh, Payment $33/sh | |||
Zoe Corp delcared a $5,000 cash dividend. Shareholders are told to treat 20% of the dividend as a return of capital. | |||
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