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Mannesh Inc, ended 2019 with 9 million number of common shares issued and outstanding. The average issue price of these shares was $133. Beginning retained

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Mannesh Inc, ended 2019 with 9 million number of common shares issued and outstanding. The average issue price of these shares was $133. Beginning retained earnings totalled $35 million In March 2020, Mannesh Inc issued 6 million common shares at a price of S7 per share. In May 2020, the company declared and distributed 4 percent stock dividend at a time when Mannesh's common shares had a fair value of $8 per share, Then in October 2020, Mannesh's stock price dropped to $5 per share and the company executed a 1-for-2 stock split For the year. Mannesh Inc eamed net income of $22 million and declared and paid cash dividends of S13 million Mannesh Inc, ended 2019 with 9 million number of common shares issued and outstanding. The average issue price of these shares was $133. Beginning retained earnings totalled $35 million In March 2020, Mannesh Inc issued 6 million common shares at a price of S7 per share. In May 2020, the company declared and distributed 4 percent stock dividend at a time when Mannesh's common shares had a fair value of $8 per share, Then in October 2020, Mannesh's stock price dropped to $5 per share and the company executed a 1-for-2 stock split For the year. Mannesh Inc eamed net income of $22 million and declared and paid cash dividends of S13 million

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