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The stockholders' equity section of Culver Corporation's balance sheet consists of common stock $8 par $1,040,000 and retained earnings $500,000 A 10% stock dildend 13,000
The stockholders' equity section of Culver Corporation's balance sheet consists of common stock $8 par $1,040,000 and retained earnings $500,000 A 10% stock dildend 13,000 shares s declared when the market price per share is S18. (a) Show the before-and-after effects of the dividend on the components of stockholders' equity. Before Dividend After Dividend Nat Income (Loss Total Paid-in Copitsl Net Income(Loss) (b) Show the before-and-after effects of the dividend on the shares outstanding. Before Dividend After Dividend Outstanding shares
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