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If a firm has a retained earnings of $ 22 million, a common shares account of $274.0 million and additional paid in capital of $90
If a firm has a retained earnings of $ 22 million, a common shares account of $274.0 million and additional paid in capital of $90 million how would these accounts change in response to a 20 percent stock dividend? Assume market value of equity is equal to book value of equity.
Retained earnings
Common stock
Additional paid in capital.
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