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On October 3 1 , the stockholders' equity section of Blossom Company's balance sheet consists of common stock $ 7 2 8 , 0 0
On October the stockholders' equity section of Blossom Company's balance sheet consists of common stock $ and retained earnings $ Blossom is considering the following two courses of action: declaring a stock dividend on the $ par value shares outstanding or effecting a for stock split that will reduce par value to $ per share. The current market price is $ per share.
Prepare a tabular summary of the effects of the alternative actions on the company's stockholders' equity and outstanding shares.
On October the stockholders' equity section of Blossom Company's balance sheet consists of common stock $ and retained earnings $ Blossom is considering the following two courses of action: declaring a stock dividend on the $ par value shares outstanding or effecting a for stock split that will reduce par value to $ per share. The current market price is $ per share.
Prepare a tabular summary of the effects of the alternative actions on the company's stockholders' equity and outstanding shares.
tableBefore Action,,After Stock Dividend,,After Stock SplitStockholders equityPaidin capital,$$$Retained earningsTotal stockholders' equity,$$$Outstanding shares,,,,,,
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