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(Stock dividenda) in the spring of 2016. The CFO of HTPL Distributing Company decided to distribute a stock dividend tu to sharehole Specifically, the CFO
(Stock dividenda) in the spring of 2016. The CFO of HTPL Distributing Company decided to distribute a stock dividend tu to sharehole Specifically, the CFO proposed that the company boy 005 shares of stock to the folders of each share of common stock th that the holder of 1.000 shares of stock would receive an additional 50 shares of common stock az If the fem had total net income for the year of $11,000,000 and had 21.000.000 shares of common stock outstanding before the stock dividend, what was the firm's camins per shur? b. After paying the stock dividend what was the firm's earnings per shal? c. you owned 1.000 shares of shock before the stock dividend, how many dotar of the firm earn from your 1 090-share investment? Ater the stock dividend was paid how many dollars of aminos did the timeam on your farger shareholding? Whet effect would you expect from the payment of the sch dividend on your own investment in the tem? a. Hefore the stock dividend what was the flamings per share? Round in four decimal places After paying the stock dividend, what was the Timsenings per share? $Round to four decimal places c. Which of the folowing statements regarding the fedt of stock dividend on your $1.000 inwestment in the fim is true? Select the best choice how OM The dollars of earnings the fim came on your 1,000 share investment was $499 before the shack dividend and was 5524 an indicating that you would be better of a stock dividend OB. The dollars earrings the firm on your 1000 share investment was 5499 before the wock dividend and was 5499 after indicating that the genom stock dividend is truly an ision OC The dollars of earnings the meams on your 1,000 share investment w $524 before the stock dividend and was 5499 an indicating that you would be worn from a stock divind OD. The dollars of earnings the firm eams on your 100 share investment was $524 before the stock dividend and was 5524 after indicating that the gain from a sick didend is truly an on
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