Weili Corporation has 80,000 shares of common stock outstanding with a par value of $8. Required: 1.

Question:

Weili Corporation has 80,000 shares of common stock outstanding with a par value of $8.

Required:

1. Complete the table below for each of the two following independent cases:

Case 1: The board of directors declared and issued a 40 percent stock dividend when the stock was selling at $25 per share.

Case 2: The board of directors declared and paid a cash dividend of $2 per share.

Weili Corporation has 80,000 shares of common stock outstanding with

2. Explain how case 1 and case 2 will be reportedon the statement of csh flows.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...