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On October 1, Blossom Corporation's stockholders' equity is as follows. On October 1, Blossom declares and distributes a 10% stock dividend when the market price

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On October 1, Blossom Corporation's stockholders' equity is as follows. On October 1, Blossom declares and distributes a 10\% stock dividend when the market price of the stock is $14 per share. (a) Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. Par value before the stock dividend $ Par value after the stock dividend $ eTextbook and Media Attempts: unlimited (b). Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed. Common stock $ Paid-in capital in excess of par value $ Retained earnings $ On October 1, Blossom Corporation's stockholders' equity is as follows. On October 1, Blossom declares and distributes a 10\% stock dividend when the market price of the stock is $14 per share. (a) Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. Par value before the stock dividend $ Par value after the stock dividend $ eTextbook and Media Attempts: unlimited (b). Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed. Common stock $ Paid-in capital in excess of par value $ Retained earnings $

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