Question: I have solved for part A and B. Please Help me with Part C from the information listed. I need the Stock Dividend - Par
I have solved for part A and B. Please Help me with Part C from the information listed. I need the Stock Dividend - Par value per share and the 2-for-1 stock split- par value per share please.
Do It! Review 11-3b Partially correct answer. Your answer is partially correct. Try again. Oriole Company has had 4 years of record earnings. Due to this success, the market price of its 435,000 shares of $4 par value common stock has increased from $15 per share to $52. During this period, paid-in capital remained the same at $5,220,000. Retained earnings increased from $3,915,000 to $26,100,000. CEO Don Ames is considering either (1) a 15% stock dividend or (2) a 2-for-1 stock split. He asks you to show the before-and-after effects of each option on (a) retained earnings, (b) total stockholders equity, and (c) par value per share. (a) 1. Stock dividend - retained earnings $Entry field with correct answer 2. 2-for-1 stock split - retained earnings $Entry field with correct answer (b) Oriole Company Original Balance After Dividend After Split Paid-in capital $Entry field with correct answer $Entry field with correct answer $Entry field with correct answer Retained earnings Entry field with correct answer Entry field with correct answer Entry field with correct answer Total stockholders equity $Entry field with correct answer $Entry field with correct answer $Entry field with correct answer Shares outstanding Entry field with correct answer Entry field with correct answer Entry field with correct answer (c) 1. Stock dividend - par value per share $Entry field with incorrect answer 2. 2-for-1 stock split - par value per share $Entry field with incorrect answer
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