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Larsons Inc. shows the following capital accounts before a 10% stock dividend. The firm's shares have a market price of $20. Address the following: A.
Larsons Inc. shows the following capital accounts before a 10% stock dividend. The firm's shares have a market price of $20. Address the following: A. Show the revised capital accounts after the 10% stock dividend. B. Show the value to the investor with and without the stock dividend assuming an aftertax earnings of $13.2 million and the stock is selling at 20 times PE ratio
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