Question: Please answer number 5, and type it. 4) Stock Dividends The owners' equity accounts for Masterson International are shown here: Common stock ($1 par value)
Please answer number 5, and type it.

4) Stock Dividends The owners' equity accounts for Masterson International are shown here: Common stock ($1 par value) $ 45,000 Capital surplus 157,000 Retained earnings 603,000 Total owners' equity $805,000 a. If the company's stock currently sells for $42 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change. b. If the company declared a 25 percent stock dividend, how would the accounts change? 5) Stock Splits For the company in Problem 4, show how the equity accounts will change if: a. The company declares a two-for-one stock split. How many shares are outstanding now? What is the new par value per share? b. The company declares a one-for-five reverse stock split. How many shares are outstanding now? What is the new par value per share
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