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The stockholders' equity section of Sunland Corporation consists of common stock ($10 par) $1,850,000 and retained earnings $516,000. A 10% stock dividend (18,500 shares) is
The stockholders' equity section of Sunland Corporation consists of common stock ($10 par) $1,850,000 and retained earnings $516,000. A 10% stock dividend (18,500 shares) is dedared when the market price per share is $15. Show the before-and-after effects of the dividend on the following. (a) (b) The components of stockholders' equity. Shares outstanding Par value per share (c) Before Dividend After Dividend Stockholders' equity $ $ Outstanding shares Par value per share $ $
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