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 total stockholders' equity after the stock dividend.
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Credit Repair How To Repair Your Credit All By Yourself A Beginners Guide To Better Credit
Authors: Ernie Braveboy
1st Edition
1981032878, 978-1981032877
