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Required information [The following information applies to the questions displayed below.) The stockholders' equity of Whiz.com Company at the beginning of the day on February
Required information [The following information applies to the questions displayed below.) The stockholders' equity of Whiz.com Company at the beginning of the day on February 5 follows. 1,280,000 $ Common stock-$20 par value, 150,000 shares authorized, 64,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings 525,000 675,000 Total stockholders' equity 2,480,000 On February 5, the directors declare a 14% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $51 per share on February 5 before the stock dividend. The stock's market value is $45 per share on February 28. 3. Compute the total market value of the investor's shares in part 2 as of February 5 and February 28. (Omit the "$" sign in your response.) February 5 February 28 Total market value of shares $ $
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