On October 31, the stockholders? equity section of Heins Company consists of common stock $290,000 and retained earnings $888,000. Heins is considering the following two courses of action: (1) declaring a 4% stock dividend on the 29,000, $10 par value shares outstanding, or (2) effecting a 2-for-1 stock split that will reduce par value to $5 per share. The current market price is $16 per share.Prepare a tabular summary of the effects of the alternative actions on the components of stockholders? equity, outstanding shares, and par value per share.BeforeActionAfterStockDividendAfterStockSplitStockholders? equity Paid-in capital Common stock $ $ $ In excess of par

Assignment > Open Assignment Cg MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION 4 BACK ASSIGNMENT RESOURCES Assignment Ch14 ExerCise --Exercise 14'1 On October 31, the stockholders' equity section of Heins Company consists of common stock $290,000 and ,. retained earnings $888,000. Heins is considering the following two courses of action: (1) declaring a 4% stock if; dividend on the 29,000, $1O par value shares outstanding, or (2) effecting a 2-for-1 stock split that will -- reduce par value to $5 per share. The current market price is $16 per share. Exercise 14-3 Review Score ZVSURSW Stu" Prepare a tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and par value per share. ---,----- At? 7 .- ' ' c-..7 "LH' , - ih f'. it" at". . -f.7--V -'.Al;- ' '-- ' l) 'I l V l ' a - - Stockholders' equity Mobile Site Paid-in capital Inofpa" -[:1 J: -[:1 Tota'Pa'd'"Cap'ta' :J :J :J Retainedeamings : J: 4: Total stockholders' equity $:] $:] $:] Outstanding 1:1 4: 1:1 Parvaluepershare $:] $:] $:] LINK TO TEXT