nnect.htm Secure http:/ Ch 11 Assignment Required information Exercise 11-6 Stock dividends and per share book values LO P2 The following information applies to the questions displayed below The stockholders equity of TVX Company at the beginning of the day on February 5 follows Part 1 of 3 points Common stock-$15 par value, 158,e00 shares authorlzed, 65,808 shares 1ssued and outstanding Pald-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 975,69e 525,e00 675,8e8 $2,175,e0 on February 5, the directors declare a 16% stock dividend distributable on February 28 to the Februar stockholders of record. The stock's market value is $41 per share on February 5 before the stock divide stock's market value is $35 per share on February 28 Exercise 11-6 Part 1 5 6