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Steps Please! Required information [The following information applies to the questions displayed below.] The stockholders' equity of TVX Company at the beginning of the day
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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 5 follows: Common stock-$s par value, 150,000 shares authorized, 70,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity s 350,000 525,000 675,000 $1,550,000 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 $35 per share on February 5 before the stock dividend. The stock's market value is $30 per share on February 28 ces 2. One stockholder owned 850 shares on February 5 before the dividend. Compute the book value per share and total book value this stockholder's shares immediately before and after the stock dividend of February 5. (Round " answers your "Book value per share Before After Book value per share 22 143 Total book value of sharess 18 821S 18 821
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