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Problem 1: The stockholders' equity section of Pretzer Corporation consists of common stock ($10 par) $1,750,000 and retained earnings $514,000. A 10% stock dividend (17,500 shares) is declared when the market price per share is $14. Show the before-and-after effects of the dividend on the following.
(a) The components of stockholders' equity.
(b) Shares outstanding.
(c) Par value per share.
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ACC202 assignment help and assessment help, solutions - Successful entrepreneurs understand all aspects of business, especially costs and costing systems.
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