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What is the value of the common stock account

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Reference no: EM132811920

Samuel's has shares of stock outstanding with a par value of $1 per share and a market-to-book ratio of 2.1. The balance sheet shows $5,000 in the common stock account, $58,000 in the capital in excess of par account, and $32,500 in the retained earnings account. The firm just announced a 50 percent stock dividend. What is the value of the common stock account after the dividend?

Reference no: EM132811920

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