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The shareholders' equity of Raven Company is as shown: Raven is considering the declaration and issuance of a stock dividend at a time when the
The shareholders' equity of Raven Company is as shown: Raven is considering the declaration and issuance of a stock dividend at a time when the market price is 530 per share. Required: 1. Assuming the board of directors recommends a 6% stock dhidend, prepere: a. the jourmel entry th the dite of declaration b. the journal entry at the date of issuence c. sharehoiders' equity after the issunce 2. Assuming, instead, that a 4O\% stock dividend is recommended, enswer a,b, and c of Recuirement 1
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