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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 Common stock-$10 par value, 150,000 shares authorized, 51,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings 510,000 525,000 675,000 $1,710,000 Total stockholders' equity On February 5, the directors declare a 16% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $41 per share on February 5 before the stock dividend. The stock's market value is $35 per share on February 28. 2. One stockholder owned 750 shares on February 5 before the dividend. Compute the book value per share and total book value of this stockholder's shares immediately before and after the stock dividend of February 5. (Round your "Book value per share" answers to 3 decimal places.) Before After 33.529 Book value per share Total book value of shares
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