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How would the accounts change

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Question: Stock Dividends. The owners' equity accounts for Overby International are shown here:

490_Stock.png

a. If the company's stock currently sells for $42 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change.

b. If the company declared a 25 percent stock dividend, how would the accounts change?

Reference no: EM131732995

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