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The stockholders' equity section of Skysong, Inc. consists of common stock ($10 par) $2,010,000 and retained earnings $508,000. A 10% stock dividend (20,100 shares) is
The stockholders' equity section of Skysong, Inc. consists of common stock ($10 par) $2,010,000 and retained earnings $508,000. A 10% stock dividend (20,100 shares) is declared when the market price per share is $14. Show the before-and-after effects of the dividend on the following. (a) (b) (c) The components of stockholders' equity. Shares outstanding Par value per share. Before Dividend After Dividend Stockholders' equity $ $ Outstanding shares Par value per share $ $ $
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