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Do It! Review 14-01b a-b Swifty Company has had 4 years of net income. Due to this success, the market price of its 340.000 shares
Do It! Review 14-01b a-b Swifty Company has had 4 years of net income. Due to this success, the market price of its 340.000 shares of $4 par value common stock has increased from $10 per share to $51. During this period, paid-in cepital remained the same at $2,270,000. Retained earnings increased from S 1.900.000 to 12.800.000. President E. Rife is considering either a 12% stock dividend or a 2-for-1 stock split He asks you to show the before-and-after affects of each option on r Retained carnings after stock dividend Ratained earnings after stock split He asks you to show the befora-and-after affects of each option on total stockholders equity Total stockholders equity aftar stock dividend Total stockholders' equity after stock split retained earning
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