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Compute the amount of the stock dividend

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Reference no: EM132497819

Beacon Corporation issued a 7 percent stock dividend on 33,000 shares of its $9 par common stock‘ At the time of the dividend, the market value of the stock was $24 per share. Required

Question 1: Compute the amount of the stock dividend.

Question 2: Show the effects of the stock dividend on the financial statements using a horizontal statements model.

Reference no: EM132497819

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