Question: Can someone answer this one please. On October 31, the stockholders equity of Pele company 's balance sheet consists of common stock $334,800, and retained

Can someone answer this one please. On October 31, the stockholders equity of Pele company 's balance sheet consists of common stock $334,800, and retained earnings $435,400.Pele is considering the following two courses of action :(1) declaring a 6% stock dividend on the 83,700 $4 par value shares outstanding (2) effecting a 2 for 1 stock split that will reduce par value to $2 per share. the current market price is $14 per share. prepare a tabular summary of the effects of the alternative actions on the company's stockholders equity and outstanding shares. I answer some of this but I got the after stock dividend part wrong which is the middle column all of those answers there are wrong just the middle section.Can someone answer this one please. On October 31, the stockholders equity

nm" 13' xn u 'mm'u rr" mum-- "ul-tui"; ' "1 1 J5 jk Jin-Umm" : . g . u k. . Liu figq lt t 4 if . g N 35 "ng" y "'"m'" u hum: r yunnnnnunu v . A .n.v Wy rqn pmmmm : It krynrmmm'mmm Pda (amanmv's MMME Eimet "'[g'fifigjl'fll w ' 1 mn XL mm: mwmmm u .. a ;: is 44; lang! lg] um mr; 3 f -- iii, rn mrrwmvrmrrrmmr ' f 4; IHIIHIIH mull ("H' HHIHHHHHIHI "WHIM" m 4 amman}: Him?" I " mafia . hu um!" vhfl

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!