Question
The company with the common equity accounts shown here has declared a 15 percent stock dividend when the market value of its stock is $31
The company with the common equity accounts shown here has declared a 15 percent stock dividend when the market value of its stock is $31 per share.
Common stock ($1 par value) $465,000 Capital surplus $862,000 Retained earnings $3,880,800 Total owners equity $5,207,800
What would be the number of shares outstanding, after the distribution of the stock dividend? New shares outstanding: _______________
What would the equity accounts be after the stock dividend? Common stock $________________ Capital surplus:__________________ Retained earnings: _______________
Total owners equity $:____________ |
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