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Show what the balance sheet will look brimstone declares

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Reference no: EM132808868

The shareholders' equity portion of Mishastone Tire Company follows:

Common stock (2.0 million shares) $37,000,000

Retained earnings 33.000.000 $70.000,000

Problem 1: The current market value of Mishastone's stock is $20. Show what the balance sheet will look Brimstone declares a 15% stock dividend.

Reference no: EM132808868

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