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Please assist with the Common stock, etc. The company with the common equity accounts shown here has declared a stock dividend of 15 percent at
Please assist with the Common stock, etc.
The company with the common equity accounts shown here has declared a stock dividend of 15 percent at a time when the market value of its stock is $39 per share. Common stock ($1 par value) $ 445,000 Capital surplus 858,000 Retained earnings 3,840,800 Total owners' equity $ 5,143,800 What would be the number of shares outstanding, after the distribution of the stock dividend? (Do not round intermediate calculations.)
What would the equity accounts be after the stock dividend? (Do not round intermediate calculations.) |
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