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On October 1, Chile Corporation's stockholders' equity is as follows. Common stock, $5 par value $194,500 Paid-in capital in excess of par value 20,300 Retained
On October 1, Chile Corporation's stockholders' equity is as follows.
| Common stock, $5 par value | $194,500 |
| Paid-in capital in excess of par value | 20,300 |
| Retained earnings | 78,910 |
| Total stockholders' equity | $293,710 |
On October 1, Chile declares and distributes a 11% stock dividend when the market value of the stock is $14 per share.
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Cases In Auditing
Authors: Josephine Maltby
2nd Edition
1853963127, 978-1853963124
