Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the following to answer questions 13 17 KEV Corp.'s management is considering either a 100% stock dividend or a 2-for-1 stock split. Complete the

image text in transcribed
Use the following to answer questions 13 17 KEV 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 10,000 2,450,000 2,460,000 645,800 $3,105,800 Shares outstanding Par value per share Share price 100,000 0.10 180.00 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? 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? 17. $ After the 2-for-1 stock split what is the par value per share

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Tax Accounting

Authors: Greg Shields

1st Edition

163716128X, 978-1637161289

More Books

Students also viewed these Accounting questions

Question

1. What is the origin of the communication discipline?

Answered: 1 week ago

Question

2. What methods do communication scholars use to conduct research?

Answered: 1 week ago