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Required information [The following information applies to the questions displayed below.] The stockholders' equity of TVX Company at the beginning of the day on February
Required information [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: On February 5, the directors declare a 20% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. The stock's market value is $33.40 per share on February 28. One stockholder owned 800 shares on February 5 before the dividend. Compute the book value pe hare and total book value of this stockholder's shares immediately before and after the stock dividend f February 5. (Round your "Book value per share" answers to 3 decimal places.)
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