Reference no: EM131793845
Qusetion: The company with the common equity accounts shown here has declared a 15 percent stock dividend when the market value of its stock is $43 per share
Common Stock ($1 par value) $385,000
Capital Surplus. $846,000
Retained Earnings. $3,720,800
Total owners' equity. $4,951,800
What would be the number of shares outstanding after the distribution of the stock dividend?
New Shares Outstanding ____________
What would be the equity accounts be after the stock dividend?
Common Stock $_________
Capital Surplus. $_________
Retained Earnings $__________
Total Owners equity. $__________
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