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Category > Management Posted 11 Jul 2017 My Price 11.00

Octagon stock

Stock Dividends The owners’ equity accounts for Octagon International are shown here:

a. If Octagon 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 Octagon declared a 25 percent stock dividend, how would the accounts change?

 

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Maurice Tutor
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Status NEW Posted 11 Jul 2017 12:07 PM My Price 11.00

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