stock divide MGM Company has 120.000 shares of $5 par value common stock outstanding on June 1 when the market price per share was $13 The shares were d a Prepare the necessary entries for the declaration and payment of the stock Analyre why shareholders prefer cash dividend payment over stock didend declared a 20 e 30 diend marks) marks) 10 12 V 2 929G TOSHIBA LOCK v so! 8 ENTER 7 HOME 4 50