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The stockholders' equity section of Ayayai Corps balance sheet consists of common stock ($7 par) $973,000 and retained earnings $460,000. A 15% stock dividend (20,850
The stockholders' equity section of Ayayai Corps balance sheet consists of common stock ($7 par) $973,000 and retained earnings $460,000. A 15% stock dividend (20,850 shares) is declared when the market price per share is $16. (a) Show the before and after effects of the dividend on the components of stockholders' equity. Before Dividend After Dividend $ $ (b) Show the before and after effects of the dividend on the shares outstanding. Before Dividend After Dividend Outstanding shares e Textbook and Media List of Accounts
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