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The stockholders equity for frozen yogurt cooperation on may 11th 2017 follows (2nd picture) Requirement 1. journalize the declaration and digital distribution of the stock
The stockholders equity for frozen yogurt cooperation on may 11th 2017 follows (2nd picture)
Requirement 1. journalize the declaration and digital distribution of the stock dividend.
Requirement 2. prepare the stockholders equity section of the balance sheet after the stock dividend.
Requirement 3. why is total stockholders equity unchanged by the stock dividend?
Requirement 4. suppose frozen yogurt had a cash balance of $560,000 on May 12, 2017. What is the maximum amount of cash dividends frozen yogurt can declare?
Everything is in the photos. Please use the options in the dropbox photos so i know where to put the answers! Thanks so much for your help!!
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