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Please provide answer and show the math The stockholder's equity section of Pretzer Corporation consists of common stock ($10 par) $2, 300,000 and retained earnings
Please provide answer and show the math
The stockholder's equity section of Pretzer Corporation consists of common stock ($10 par) $2, 300,000 and retained earnings $525,000. A 10% stock dividend (23,000 shares) is declared when the market price per share is $15. Show the before and after effects of the dividend on the following. a) The components of stockholder's equity b) Shares outstanding. c) Par value per shareStep by Step Solution
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