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pls assist Wildhorse Co. has had 4 years of record earnings. Due to this success, the market price of its 470.000 outstanding shares of $2
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Wildhorse Co. has had 4 years of record earnings. Due to this success, the market price of its 470.000 outstanding shares of $2 par value common stock has increased from $8 per share to $50. During this period, paid-in capital remained the same at $2,630.000. Retained earnings increased from $1,730,000 to $12,300,000. CEO Don Ames is considering either a 17% stock dividend or a 2-for-1 stocksplit (a) He asks you to show the before-and-after effects of each option on retained earnings. Retained earnings after stock dividend Retained earnings after stock split eTextbook and Media (b) Attempts; unilmited He asks you to show the before-and-after effects of each option on total stockholders' equity. Total stockholder' equity after stock dividend $ Total stockholders' equity after stocksplit He asks you to show the before-and-after effects of each option on par value per share Par value per share after stock dividend Par value per share after stock split Step by Step Solution
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