Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 4 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 05 Jan 2018 My Price 4.00

Stock Dividends

8.        Stock Dividends   The company with the common equity accounts shown here has declared a 15 percent stock dividend when the market value of its stock is

$43 per share. What effects on the equity accounts will the distribution of the stock dividend have?

 

Common stock ($1 par value)

$   385,000

Capital surplus

846,000

Retained earnings

3,720,800

Total owners’ equity

$4,951,800

Answers

Maurice Tutor
(5)
Status NEW Posted 05 Jan 2018 12:01 PM My Price 4.00

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