Question: Brief Exercise 14-04 Your answer is partially correct. Try again. The stockholders' equity section of Bonita Corporation consists of common stock ($10 par) $2,400,000 and

Brief Exercise 14-04 Your answer is partially correct. Try again. The

Brief Exercise 14-04 Your answer is partially correct. Try again. The stockholders' equity section of Bonita Corporation consists of common stock ($10 par) $2,400,000 and retained earnings $527,000. A 10% stock dividend (24,000 shares) is declared when the market price per share is $14. Show the before-and-after effects of the dividend on the following. (a) (b) (c) The components of stockholders' equity. Shares outstanding. Par value per share. Before Dividend After Dividend Stockholders' equity 2927000 X Outstanding shares Par value per share Click if you would like to Show Work for this question: Open Show Work

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