Question
The following information is available for Blowing Rock Corporation: Common Stock ($5 par) $1,600,000 Retained Earnings 1,200,000 An 18% stock dividend is declared and paid
The following information is available for Blowing Rock Corporation: Common Stock ($5 par) $1,600,000 Retained Earnings 1,200,000 An 18% stock dividend is declared and paid when the market value was $16 per share.
Compute number of shares outstanding after the stock dividend.
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Anti Fraud Risk And Control Workbook
Authors: Peter Goldmann, Hilton Kaufman
1st Edition
0470496533, 978-0470496534
