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A company with the stock price of $50.00 and given equity accounts issues 5% stock dividend. How will equity accounts change and compute the new stock price be?

Common stock @ $1 par value $200,000
Additional paid-in capital $1,800,000
Retained income $3,000,000
Stockholder's equity $5,000,000

Stock price $50.00


Business Management, Management Studies

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  • Reference No.:- M935090

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