Question
The Waco Widget is planning to give an 8% stock dividend to its stockholders. The current stock price is $18.50. Based on the current equity
The Waco Widget is planning to give an 8% stock dividend to its stockholders. The current stock price is $18.50. Based on the current equity accounts below, show the equity section of the balance sheet after the stock dividend.
Common Stock ($3 par) 360,000
Paid-In Capital 900,000
Retained Earnings 550,000
Total Capital 1,810,000
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Applied Quantitative Finance
Authors: Härdle
3rd Edition
3662544857, 978-3662544853
