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what is the correct answer far. It da 0 Required information Exercise 11-6 Stock dividends and per share book values LO P2 The following information
what is the correct answer
far. It da 0 Required information Exercise 11-6 Stock dividends and per share book values LO P2 The following information applies to the questions displayed below. The stockholders' equity of TVX Company at the beginning of the dey on February 5 follows: Common stock-$20 par value, 150,000 shares authorized, 58,00 sheres issued and outstanding Peid-in capital in excess of par value, common stock Retained earnings 51,090,900 525,808 Total stockholders equity 2,280,00a On February 5, the directors declare a t2% stock dividend distributable on February 2g to the Feonay i5 stockholders of record. The stock's market value is $34 per share on February 5 before the stock dividend The stock's market value is 530 per share on February 28 Exercise 11-6 Part 3 3. Compure the total market value of the investor's shares in part 2 as of Februery 5 and Febrsary 28. 0 Answer is complete but not entirely correct. ry 5 3 170000 05 168 003 charee
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