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Use the following to answer questions 13 - 17 KC Corp.'s management is considering either a 100% stock dividend or a 2-for-1 stock split. Complete
Use the following to answer questions 13 - 17 KC Corp.'s management is considering either a 100% stock dividend or a 2-for-1 stock split. Complete the following chart to assist in answering the following: After 100% Stock Dividend After 2-for-1 Stock Split Common stock, $0.20 par value Additional paid-in capital Total paid-in capital Retained Earnings Total stockholders' equity Before $40,000 6,480,000 6,520,000 1,250,000 $7,770,000 Shares outstanding Par value per share Share price 200,000 $0.20 $230.00 13. $ After the 100% stock dividend what amount is in Total paid-in capital account? 14. $ _After the 100% stock dividend what amount is in the retained earnings account? 15. $ After the 100% stock dividend what is the par value per share? 16. $ After the 2-for-1 stock split what amount is in Total paid in capital account? After the 2-for-1 stock split what is the par value per share? 17. $ |
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