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If a firm has retained earnings of $2.9 million, a common shares account of $4.9 million, and additionalpaid-in capital of $9.8 million, how would these
If a firm has retained earnings of $2.9 million, a common shares account of $4.9 million, and additionalpaid-in capital of $9.8 million, how would these accounts change in response to a 10 percent stockdividend? Assume market value of equity is equal to book value of equity. (Enter your answers indollars not in millions. Input all amounts as positive values. Indicate the direction of the effect byselecting "increase" , "decrease" and "no change" from the dropdown menu.) Retained earnings to$ Common stock to$ Additional paid-in capital to$
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