Question: Select one: A. B. C. D. There would be no change in the components of stockholders' equity. The stockholders' equity section of the balance sheet
Select one:
A.
B.
C.
D. There would be no change in the components of stockholders' equity.
The stockholders' equity section of the balance sheet for Pawnee Corporation appeared as follows before its recent stock dividend:
| Common stock, $5 par, 10,000 shares issued and outstanding | $ 50,000 |
| Additional paid-in capital - common | 60,000 |
| Retained earnings | 75,000 |
| Total stockholders' equity | $185,000 |
Pawnee declared a 10% stock dividend when the market price per share was $10. After the stock dividend was distributed, the components of the stockholders' equity section were:
Select one:
A.
B.
C.
D. There would be no change in the components of stockholders' equity.
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