Maurice Tutor

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    Argosy University/ Phoniex University/
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    Oct-2001 - Nov-2016

Category > Accounting Posted 29 Jul 2017 My Price 2.00

Zorro Company

SES-14. Analyze  effect of stock dividend  on.financial statements.  (LO 4)

Zorro Company declared and issued a 10% stock dividend on June I , 2006 . Before this div­ idend was declared and issued, there were 220,000 shares of $0.10 par common stock out­ standing. After the stock dividend, how many shares are outstanding? What is the par value  of each share?

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Maurice Tutor
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Status NEW Posted 29 Jul 2017 10:07 PM My Price 2.00

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