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Problem 5 MHF Corporation has 500,000 shares of $5 par common stock outstanding on 1/1/20 MHF Corporation had insufficient cash so the BoD elected to

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Problem 5 MHF Corporation has 500,000 shares of $5 par common stock outstanding on 1/1/20 MHF Corporation had insufficient cash so the BoD elected to issue a stock dividend when the market price per share was $25. 1. Record the issuance of a 10% stock dividend 2. Record the issuance of a 40% stock dividend

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