Subject Name:International Financial Management

6. The company has following section of stockholders' equity in its balance sheet. Its stock is currently selling $25 per share: Common stock (500000 shares at $10par) $5 000 000 Paid-in capital in excess of par $2 000 000 Retained earnings $2 000 000 Net worth $9 000 000 a. Required: The company declared a 10% stock dividend, make a new stockholders' equity section table. b. If the company declared to pay 10-cent cash dividend, calculate how much the company to pay total