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The owners equity accounts for Masterson International are shown here: Common stock ($1 par value) $ 70,000 Capital surplus 197,000 Retained earnings 650,000 Total owners
| The owners equity accounts for Masterson International are shown here: |
| Common stock ($1 par value) | $ | 70,000 | ||
| Capital surplus | 197,000 | |||
| Retained earnings | 650,000 | |||
| Total owners equity | $ | 917,000 | ||
| a. Assume the company's stock currently sells for $46 per share and a stock dividend of 5 percent is declared. | |
| How many new shares will be distributed? |
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Essential Wholesaling Strategies For Real Estate Success
Authors: Farisg H. Al-farisi
1st Edition
979-8866103171
