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Please show answers as they would appear in the table above. Required Informetlon Exercise 11-6 Stock dividends and per share book values LO P2 The
Please show answers as they would appear in the table above.
Required Informetlon Exercise 11-6 Stock dividends and per share book values LO P2 The following Information applies to the questions displayed below.] The stockholders' equity of TVX Company at the beginning of the day on February 5 follows Common stock-$28 par value, 158,88 shares authorized, 71,8ee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders equity $1,428,888 525,88e 675,88e $2,628,880 On February 5, the directors declare a 12% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $39 per share on February 5 before the stock dividend. The stock's market value is $35 per share on February 28. Exercise 11-6 Part 2 2. One stockholder owned 1,000 shares on February 5 before the dividend. Compute the book value per share and total book value of this stockholders shares Immediately before and after the stock dividend of February 5. (Round your "Book value per shere" answers to 3 declmal places.) Before After Book value per share Total book value of sharesStep by Step Solution
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