part c

Cheyenne Corp. has had 4 years of record earnings. Due to this success, the market price of its 400.000 outstanding shares of 52 pm value common stock has increased from $5 per share to $52. During this period paid-in capital remained the same at $2450,000 Retained earnings increased from $1.780,000 to $12,300,000. CEO Don Ames is considering either a 18% stock dividend or 2 for 1 stock split ta) Your answer is correct Henks you to show the before and after effects of each option on retained earnings Retained earnings after stock dividend $ 296000 Retained earnings after stock split $ 1200000 eTextbook and Media Attempts: 1 of used (b) Your answer is correct He asks you to show the before and after effects of each option on total stockholders equity 14750000 Total stockholders equity after stock dividend Total stockholders equity after stock split $ 14750000 e Textbook and Media Attempts: 2 of 3 used Attempts: 1 of Jused (b) Your awer incorrect He asks you to show the before and after effects of each option on total stockholders equity 1050000 Total stockholders equity after stock dividend Total stockholders' equity after stock $ 165 e Textbook and Media Attempts: 2 of Jused (c) He asks you to show the before and after effects of each option on a value per share $ Par value per share after stock dividend Par value per share after stock split $ e Textbook and Media Attempts of used wwe