Question: The company with common equity accounts shown here has declared a 15% stock dividend when the market value of its stock is $20 per share.
The company with common equity accounts shown here has declared a 15% stock dividend when the market value of its stock is $20 per share. What effects on the equity accounts will the distribution of the stock dividend have (i.e find the new value of each equity component. you don't have to set up a table)? Common stock ($1 par) Capital Surplus Retained earnings Total $ 300,000 1,700,000 3,000,000 $5,000,000 Arial TT TT Paragraph Y DOQ O fx Mashups 3 (12pt) EET T" T. WTHLESS
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