Question: Please help with required questions below ! Norton Company had the following capital structure on September 1, 2018: Common Stock, $5 par; 3,000,000 authorized shares

Please help with required questions below !

Norton Company had the following capital structure on September 1, 2018: Common Stock, $5 par; 3,000,000 authorized shares $1,000,000 200,000 issued and outstanding Additional Paid -in Capital 2,000,000 Retained Earnings 3,?70,000 Treasury Stock Required: 1. What was the selling price per share? 2. Calculate the following assuming that the company declares a 100% stock dividend when the market price is $22 per share: a. Number of shares outstanding. b. Connnon Stock c. Par value per share d. Additional Paid in Capital. e Retained Earnings 3. Calculate the following assuming, instgd, that the company declares a 20% stock dividend, when the market price was $22 per share. a. Number of shares outstanding. b. Connnon Stock c. Par value per share d. Additional Paid in Capital. e Retained Earnings 4. Calculate the following assuming, inst that the company declares a 2-for-1 stock when the market price is $22 per share. a. Number of shares outstanding. b. Connnon Stock Par value per share . Additional Paid in Capital. Retained Earnings c. d e. 5. What is the primary reason a company would issue a 100% stock dividend as opposed to a 2-for-1 stock split
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