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please label anwers 4and 5 On March 1, 2022, the board of directors declared a 10% stock dividend, and accordingly 1,000 additional shares were issued.
please label anwers 4and 5
On March 1, 2022, the board of directors declared a 10\% stock dividend, and accordingly 1,000 additional shares were issued. On March 1, 2022, the fair market value of the stock was $6 per share. For the two months ended February 28, 2022, Milroy sustained a net loss of $10,000. What amount should Milroy report as retained earnings as of March 1, 2022? (4 points). Additional information: On May 1, 2022, 12,000 shares of common stock were issued. The preferred dividends were not declared during 2022 . The market price of the common stock was $100 at December 31,2022. The rate of return on common stock equity for 2022 is ( 4 points) Step by Step Solution
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