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Question 6 Not yet answered Marked out of 6.00 Ollie Goose Inc. has $2.00 par value common stock of $5,000,000. The firm has 2,500,000

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Question 6 Not yet answered Marked out of 6.00 Ollie Goose Inc. has $2.00 par value common stock of $5,000,000. The firm has 2,500,000 shares outstanding. The additional paid-in capital account has a balance of $1,000,000 and the retained earnings account has a balance of $2,000,000. The market price of the stock is $2.50 per share. The firm is considering issuing a 15% stock dividend.

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