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On July 1, Davidson Corporation had the following capital structure: Required: Complete the table below for each of the two following independent cases: Note: Round
On July 1, Davidson Corporation had the following capital structure: Required: Complete the table below for each of the two following independent cases: Note: Round "Par value per share" amounts to 2 decimal places. Case 1: The board of directors declared and issued a 40 percent stock dividend when the stock was selling at $4 per share. Case 2. The board of directors announced a 6 -for-5 stock split. The merket price prior to the split was $4 per share. On July 1, Davidson Corporation had the following capital structure: Required: Complete the table below for each of the two following independent cases: Note: Round "Par value per share" amounts to 2 decimal places. Case 1: The board of directors declared and issued a 40 percent stock dividend when the stock was selling at $4 per share. Case 2. The board of directors announced a 6 -for-5 stock split. The merket price prior to the split was $4 per share
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Accounting
Authors: Carl s. warren, James m. reeve, Philip e. fess
21st Edition
978-0324400205, 324225016, 324188005, 324400209, 9780324225013, 978-0324188004
