Question
Nendy, Inc. is contemplating a 50% stock dividend or a 1.5 to 1 stock split. Currently, Nendy, Inc. has $9 par common stock with 225,000
Nendy, Inc. is contemplating a 50% stock dividend or a 1.5 to 1 stock split. Currently, Nendy, Inc. has $9 par common stock with 225,000 shares authorized, 75,000 shares issued and outstanding. Nendy, Inc. had $675,000 in Common Stock, $400,000 in Retained Earnings, thus total Stockholders' Equity was $1,075,000.
Complete the table below:
After Stock Dividend After Stock Split
Number of shares outstanding unanswered unaswered
Par value per share unaswered unaswered
Retained earnings unaswered unaswered
Total Shareholders' Equity unaswered unaswered
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