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Question 3 (1 point) A company's owners' equity accounts are shown below: Common stock ($4 par value) Capital surplus Retained earnings Total owners' equity $
Question 3 (1 point) A company's owners' equity accounts are shown below: Common stock ($4 par value) Capital surplus Retained earnings Total owners' equity $ 60,000 250,000 610,000 $920,000 If the company's stock currently sells for $40 per share and a 14 percent stock dividend is declared, what will the stock price be after the stock dividend is paid? Ignore any tax effects and market imperfections. Enter your answer in the box shown below with 2 digits to the right of the decimal point Your
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