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Kieso, Intermediate Accounting, 16e Intermediate Accounting, 16e (ACC 334-335 etice Assignment Gradebook ORION Downloadable eTextbook nment CALCULATOR FULL SCREEN PRINTER VERSION BACK NE Question 6

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Kieso, Intermediate Accounting, 16e Intermediate Accounting, 16e (ACC 334-335 etice Assignment Gradebook ORION Downloadable eTextbook nment CALCULATOR FULL SCREEN PRINTER VERSION BACK NE Question 6 Bramble Corp. has 499000 shares of $10 par value common stock outstanding. During the year Bramble declared a 13% stock dividend when the market price of the stock was $36 per share. Three months later Bramble declared a $0.60 per share cash dividend. As a result of the dividends declared during the year, retained earnings decreased by $2673642 $2335320 $ 470500 $ 494010

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