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NorthernNorthern Company declared and issued a 1515% stock dividend on FebruaryFebruary 1, 2010. Before this dividend was declared and issued, there were 220 comma 000220,000
NorthernNorthern
Company declared and issued a
1515%
stock dividend on
FebruaryFebruary
1, 2010. Before this dividend was declared and issued, there were
220 comma 000220,000
shares of
$0.1010
par common stock outstanding. After the stock dividend, how many shares are outstanding? What is the par value of each share?
After the stock dividend, determine how many shares are outstanding?
After the stock dividend, there will be
nothing
shares outstanding.After the stock dividend, the par value is
$nothing
per share.
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