Question
Lily Company has had four years of net income due to the success the market price of its 328000 shares of six dollars par value
Lily Company has had four years of net income due to the success the market price of its 328000 shares of six dollars par value common stock has increased from $11 per share to $50 during this period paid in capital remain the same at 2,440,000 retain earnings increased from 1,830,000 to 12,900,000 president a roof is considered either a 12% stock dividend or a two for one stock split
He asks you to show the before and after affects of each option on retain earnings between earnings after stock dividends retained earnings after stock split
He asked you to show that before an after effects of each option on total stockholders equity total stockholders equity after stocked events total stockholders equity after stock split
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