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The owners' equity accounts for VidiInternational are shown here: Common stock ($.60 par value)$45,000Capital surplus340,000Retained earnings748,120Total owners' equity$1,133,120 a - 1 If the company's stock
The owners' equity accounts for VidiInternational are shown here:
Common stock ($.60 par value)$45,000Capital surplus340,000Retained earnings748,120Total owners' equity$1,133,120
a-1If the company's stock currently sells for $30 per share and a 10 percent stock dividend is declared, how many new shares will be distributed?(Do not round intermediate calculations.)
a-2Show how the equity accounts would change.(Do not round intermediate calculations.)
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