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The stockholders' equity section of Mabry Corporation's balance sheet consists of common stock ($8 par) $1,000,000 and retained earnings $300,000. A 10% stock dividend (12,500
The stockholders' equity section of Mabry Corporation's balance sheet consists of common stock ($8 par) $1,000,000 and retained earnings $300,000. A 10% stock dividend (12,500 shares) is declared when the market price per share is $19 (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 Click if you would like to Show Work for this question: Open Show Work
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