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n4 Part B (Ch. 10, 11, 13) Help Save & Exit Submit On June 30, 2017, Sharper Corporation's common stock is priced at $28 50
n4 Part B (Ch. 10, 11, 13) Help Save & Exit Submit On June 30, 2017, Sharper Corporation's common stock is priced at $28 50 per share before any stock dividend or split, and the stockholders equity section of its balance sheet appears as follows Common stock-$8 par value, 85,800 shares authorized, 34,000 shares issued and outstanding$272,080 Paid-in capital in excess of par value, common stock 180,000 372,00e $744,800 Retained earnings Total stockholders' equity Assume that the company declares and immediately distributes a 100% stock dividend This event is recorded by capitalizing retained earnings equal to the stock's par value. Answer these questions about stockholders' equity as it exists after issuing the new shares ab.& c. Complete the below table to calculate the retained earnings balance, total stockholders equity and number of outstanding shares 2. Assume that the company implements a 2-for-1 stock split instead of the stock dividend in part 1. Answer these questions about stockholders' equity as it exists after issuing the new shares a.b.&c.Complete the below table to calculate the retained earnings balance, total stockholders' equity and number of outstanding shares Complete this question by entering your answers in the tabs below. 216 PM A&12/172o8 arch Part B (Ch. 10, 11, 13) by entering your a After Retained earnings of c K Prev 6 of 25 Next > dterm 4-Part B (Ch. 10, 11, 13) Help Save & Exit e this question by entering your answers in the tabs below 6 Required1Required 2 implements a 2-for-1 stock split instead of the stock dividend in required 1. Answer these Assume that the questions about stockholders' equity as it exists after issuing the new shares. Complete the below table to calculate the earnings balance, total ber of outstanding shares. Impact of Before Stock Split Retained earnings of c Required 1 Prev 6 of 25Next > o search aR
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