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The company Casagrande company Inc. with the shareholders equity shown below declares a stock dividend of 18 percent. The market value of its common stock
The company Casagrande company Inc. with the shareholders equity shown below declares a stock dividend of 18 percent.
The market value of its common stock is 105 per share, while the par value is 2.
Common stock 100.000
Capital surplus 3.000.000
Retained earnings 1.000.000
Total owners' equity 4.100.000
- How many shares are they going to issue?
What is the new statement of shareholders Equity
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