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The stockholders' equity section of Bramble Corp.'s balance sheet consists of common stock ($8 par) $1,000,000 and retained earnings $309,000. A 10% stock dividend
The stockholders' equity section of Bramble Corp.'s balance sheet consists of common stock ($8 par) $1,000,000 and retained earnings $309,000. A 10% stock dividend (12,500 shares) is declared when the market price per share is $16. Show the before-and- after effects of the dividend on the following. (a) The components of stockholders' equity. (b) Shares outstanding. Stockholders' equity Outstanding shares A Before Dividend A After Dividend
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