Question: incorrect for the work you have completed so far. It does not indicate completio Retur Problem 17-7 Stock Dividend Effects (LG17-6) If a firm has
incorrect for the work you have completed so far. It does not indicate completio Retur Problem 17-7 Stock Dividend Effects (LG17-6) If a firm has retained earnings of $20 million, a common shares account of $40 million and additional paid-in capital of $8.0 milion how would these accounts change in response to a 10 percent stock didend? Assume market value of equity is equal to book value of equity. (Enter your answers in dollars not in millions. Input all amounts as positive values. Indicate the direction of the effect by selecting "increase," "decrease," or "no change from the drop-down menu.) Answer is complete but not entirely correct. Retained Gaming Common stock Aditional din capital decrease Increase to 00 800.000 $ 4.400,000 $ 8.800,000 increase 10 Prev 1 of 10 !!! Next > to search O BI DIT do Prison Home End F Poup + A ) $ 4 % 5 & 7 3 6 8 9 0 E R T Y U O P P D F G H J L V B B IN M
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