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View Porces Grrent Attempt in Progress On October 31, the stockholders equity section of Boom Company balance sheet cons of common stock 545.000 and retained
View Porces Grrent Attempt in Progress On October 31, the stockholders equity section of Boom Company balance sheet cons of common stock 545.000 and retained earnings 5401.000 Blossom is.com ing the following course of action (1) Declaring S tock dividend on the 91.000 $6 para shares outstanding 2) Electing a 2-for-stock that will reduce par value to $3 per share The current market price is $17 per share Prepare a tabular summary of the effects of the alternative actions on the company's stockholders equity and outstanding thares Blossom Company's Balance Sheet Before Action Alter Stock Dividend After Stock Split Paid in capital Reading Total stockholders uity Outstanding shares
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