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Jurgens Company has had 4 years of net income. Due to this success, the market price of its 460,000 shares of $4 par value common
Jurgens Company has had 4 years of net income. Due to this success, the market price of its 460,000 shares of $4 par value common stock has increased from $11 per share to $52. During this period, paid-in capital remained the same at $4,250,000. Retained earnings increased from $1,780,000 to $12,300,000. President E. Rife is considering either a 18% stock dividend or a 2-for-1 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 LINK TO TEXT He asks you to show the before-and-after effects of each option on total stockholders' equity Total stockholders' equity after stock dividendg Total stockholders' equity after stock split
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