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Othelo Corporation had the following share information and stockholders' equity balances prior to a 15% stock dividend: Common Shares Authorized 400,000 Common Shares Issued 100,000
Othelo Corporation had the following share information and stockholders' equity balances prior to a 15% stock dividend: | |||||||||||
Common Shares Authorized | 400,000 | ||||||||||
Common Shares Issued | 100,000 | ||||||||||
Common Shares Outstanding | 100,000 | ||||||||||
Common Stock, $2 par | $200,000 | ||||||||||
Additional Paid-in Capital | $100,000 | ||||||||||
Retained Earnings | $500,000 | ||||||||||
What is total stockholders' equity after the 15% stock dividend? |
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