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Exercise 11-15A (Algo) Accounting for stock dividends LO 11-7 Bcocon Corporation issued a 4 percent stock dividend on 25.000 shares of its $9 par common
Exercise 11-15A (Algo) Accounting for stock dividends LO 11-7 Bcocon Corporation issued a 4 percent stock dividend on 25.000 shares of its $9 par common stock. At the time of the dividend, the market value of the stock was $26 per share. Required: a. Compute the amount of the stock dividend. b. Show the effects of the stock dividend on the financial statenents using a horizontal statements model, Complete this question by entering your answers in the tabs below. Compute the amount of the stock dividend. Show the effects ofthe stock dividend on the financial statements using a horizontal statements model. Note: Enter amounts to be deducted and cash outflows with a minus sign, In the Statement of Cash Flows column, indicate whether the item is an operating activity (CA), invi ectivity (IA), or financing activity (FA). Not all cells require input
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