Instructions: The owners equity accounts for Freya International are shown here: Common stock ($.50 par value) $42,500 Capital surplus 355,000 Retained earnings 778,120 Total owners
Instructions: The owners equity accounts for Freya International are shown here:
Common stock ($.50 par value) $42,500
Capital surplus 355,000
Retained earnings 778,120
Total owners equity $1,175,620
If Freya stock currently sells for $20 per share and a 28 percent stock dividend is declared, what is the capital surplus after the stock dividend?
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Authors: Paula H. Song, Kristin L. Reiter
4th Edition
1640553223, 978-1640553224
