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Solve and explain both ----------------------------------------------------------------------------------------------------------------------- Jurgens Company has had 4 years of net income. Due to this success, the market price of its 425,000 shares
Solve and explain both
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Jurgens Company has had 4 years of net income. Due to this success, the market price of its 425,000 shares of $5 par value common stock has increased from $12 per share to $54. During this period, paid-in capital remained the same at $4,269,600. Retained earnings increased from $1,783,200 to $12,323,400. President E. Rife is considering either a 14% stock dividend or a 2-for-1 stock split. (a) Z Your answer is partially correct. Try again He asks you to show the before-and-after effects of each option on retained earnings. Retained earnings after stock dividend Retained earnings after stock split 12323400
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