(Answered) Question stock dividends the owners equity accounts for

Finance

Question: Stock Dividends. The owners' equity accounts for Overby International are shown here:

a. If the company's stock currently sells for $42 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 the company declared a 25 percent stock dividend, how would the accounts change?

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