Question: use question #2 to solve question #3 len What do you RE VICH PHC will be sck Dividends The owners' equity accounts for Southern Lights

 use question #2 to solve question #3 len What do you

use question #2 to solve question #3

len What do you RE VICH PHC will be sck Dividends The owners' equity accounts for Southern Lights International are shown here! 2. Stock Dividends The own Common stock ($1 par value) Capital surplus Retained earnings Total owners' equity $ 25,000 135.000 787,600 $947,500 the company's stock currently sells for $30 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? Stock Splits For the company in Problem 2, show how the equity accounts will change it a. The company declares a four-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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