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On July 1, 2013, Jones Corporation had the following capital structure: Required: Complete the following table based on three independent cases involving stock transactions: (Round
On July 1, 2013, Jones Corporation had the following capital structure: Required: Complete the following table based on three independent cases involving stock transactions: (Round your per share to 2 decimal places.) Case 1: The board of directors declared and issued a 10 percent stock dividend when the stock price was $6 per share. Case 2: The board of directors declared and issued a 100 percent stock dividend when the stock price was $6 per share. Case 3: The board of directors voted a 2-for-1 stock split. The stock price prior to the split was $8 per share
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