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Please answer part A and B and show work. the time of the dividend, the Beacon Corporation issued a 4 percent stock dividend on 36,500
Please answer part A and B and show work. the time of the dividend, the Beacon Corporation issued a 4 percent stock dividend on 36,500 shares of its $7 par common stock. At market value of the stock was $24 per share. Requlred: a. Compute the amount of the stock dividend b. Show the effects of the stock dividend on the financial statements using a horizontal statements model. In the Cash Flow column. indicate whether the item is an operating activity (OA). investing activity (IA), or financing activity (FA). Use NA to indicate that an element was not affected by the event Complete this question by entering your answers in the tabs below. Required A Required B Compute the amount of the stock dividend. Stock dividend Required B > Beacon Corporation issued a 4 percent stock dividend on 36,500 shares of its $7 par common stock At the time of the dividend, the market value of the stock was $24 per share. Required: a Compute the amount of the stock dividend. b. Show the effects of the stock dividend on the financial statements using a horizontal statements model In the Cash Flow column indicate whether the Item is an operating activity (OA), investing activity (IA), or financing activity (FA) Use NA to indicate that and element was not affected by the event Complete this question by entering your answers in the tabs below. Raquired A Required 8 Show the effects of the stock dividend on the financial statements using a horizontal stataments model like the following one. In the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or Einancing activity (FA). Use NA to indicate that an alement was not affected by the event. (Enter any decreases to account balances with minus sign.) Show less BEACON CORPORATION Horizontal Stateements Model Balance Sheet Income Statennent Assets Liabilites Net Income Statement of Cash Flow Stockholders Equity Revenue Expense Common Stock PIC in Expess Retained Eanings Cash
Please answer part A and B and show work.
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