The stockholders equity of TVX Company at the beginning of the day on February 5 follows: Common
Question:
The stockholders equity of TVX Company at the beginning of the day on February 5 follows:
|
1. On February 5, the directors declare a 18% stock dividend distributable on February 28 to the February 15 stockholders of record. The stocks market value is $47 per share on February 5 before the stock dividend. The stocks market value is $40 per share on February 28.
2.
| |||||||