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TRUSSES SOOS courses of action (1) Declaring a 5% stock dividend on the 83.500 $6 par value shares outstanding (2) Effecting a 2-for-1 stock split

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TRUSSES SOOS courses of action (1) Declaring a 5% stock dividend on the 83.500 $6 par value shares outstanding (2) Effecting a 2-for-1 stock split that will reduce par value to $3 per share. The current market price is $18 per share. Prepare a tabular summary of the effects of the alternative actions on the company's stockholders' equity and outstanding shares. Blossom Company's Balance Sheet Before Action After Stock Dividend After Stock Split Stockholders' equity Pald-in capital Retained earnings Total stockholders' equity Outstanding shares TRUSSES SOOS courses of action (1) Declaring a 5% stock dividend on the 83.500 $6 par value shares outstanding (2) Effecting a 2-for-1 stock split that will reduce par value to $3 per share. The current market price is $18 per share. Prepare a tabular summary of the effects of the alternative actions on the company's stockholders' equity and outstanding shares. Blossom Company's Balance Sheet Before Action After Stock Dividend After Stock Split Stockholders' equity Pald-in capital Retained earnings Total stockholders' equity Outstanding shares

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