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On June 30. 2013. Sharper Corporation's common stock is priced at exist25, 50 per share before any stock dividend or split, and the stockholders equity
On June 30. 2013. Sharper Corporation's common stock is priced at exist25, 50 per share before any stock dividend or split, and the stockholders" equity section of its balance sheet appears as follows. 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 pa- value. Answer these questions about stockholders' equity as it exists after issuing the new shares. Complete the below table to calculate the retained earnings balance, total stockholders' equity and number of outstanding shares. 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. Complete the below table to calculate the retained earnings balance, total stockholders' equity and number of outstanding shares
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