Weihan Co. issued 100,000 shares of common stock on January 1, 2012. On April 19, 2012, Weihan purchased 20,000 shares back as treasury stock. On Dec 20, 2012, Weihan declared a 6% stock dividends. The stock price of Weihan shares was $20 per share on Dec 20, 2012. 

What is the book value of this stock dividend?

Answer rating: 100% (QA)

SOLUTION Book value of stock dividend Number of shares Market price per share Dividend rate 100 Book ... View the full answer