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The company with the common equity accounts shown here has declared a 10 percent stock dividend when the market value of its stock is $20 per share. What is the capital surplus account after the 10 percent stock dividend? Common stock ($1 par value) $ 406,000 Capital Surplus 1,340,000 Retained earnings 3,427,000 Total owners’ equity $ 5,173,000

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Financial Management, Finance

Category:- Financial Management
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