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On January 1 Cheyenne Corp had 170000 shares of $10 par value common stock outstanding. On March 31 the company declared a 10% stod d
On January 1 Cheyenne Corp had 170000 shares of $10 par value common stock outstanding. On March 31 the company declared a 10% stod d idend. Market value of the stock was S14 share. As a result of this event. O Cheyenne Paid-in Capital in Excess of Par Value account increased $680000. O Cheyenne total stockholders' equity was unaffected. O Cheyenne Stock Dividends account increased $2380000. O All of these answer choices are correct
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