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Jurgens company has had 4 years of net income. Due to this success, the market price of its 468,000 shares of S4 par value common
Jurgens company has had 4 years of net income. Due to this success, the market price of its 468,000 shares of S4 par value common stock has increased from $12 per share to S53. During this period, paid-in capital remained the same at S2,370,000. Retained earnings increased from SI,840,000 to S12,600,000. President E. Rife is considering either a 13% stock dividend or a 2-for-l stock split. He asks you to show the before-and-after effects of each option on retained earnings. Retained earnings after stock dividend Retained earnings after stock split He asks you to show the before-and-after effects of each option on total stockholders' equity. Total stockholders' equity after stock dividend Total stockholders' equity after stock split
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