Question
DMP Corporation's Stockholders' Equity section contains the following items: Common Stock, 50,000 shares outstanding $1,250,000 Retained Earnings $2,325,000 Show the amounts in the Stockholders' Equity
DMP Corporation's Stockholders' Equity section contains the following items: Common Stock, 50,000 shares outstanding $1,250,000 Retained Earnings $2,325,000 Show the amounts in the Stockholders' Equity accounts now and after these three events (each event should be calculated independently) 1 Cash dividend $2.50 per share 2 Stock dividend 15%, market value is $10 per share 3 Stock split 3 for 1
please show all the work and how you get the numbers! I already have the answers but don't understand where those numbers came from so please with explanation
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