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The stockholders equity section of Bramble Corp's balance sheet consists of common stock ($8 par) $1,024,000 and retained earnings $430,000. A 10% stock dividend (12,800
The stockholders equity section of Bramble Corp's balance sheet consists of common stock ($8 par) $1,024,000 and retained earnings $430,000. A 10% stock dividend (12,800 shares) is declared when the market price per share is $18. (a) Show the before and after effects of the dividend on the components of stockholders' equity. Before Dividend After Dividend Stockholders' Equity Pald-in Capital Common Stock $ Before Dividend After Dividend Stockholders' Equity Paid-in Capital Common Stock $ Paldin Capital in Excess of Par Value-Common Stock DONT Total Paid-in Capital Retained Earnings Total Stockholders' Equity $ (b) Show the before-and-after effects of the dividend on the shares outstanding. Before Dividend After Dividend Outstanding shares
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