The stockholdersrsquo equity section of pretzer corporation, Ask an Expert

Accounting

The stockholders’ equity section of Pretzer Corporation consists of common stock ($10 par) $1,600,000 and retained earnings $511,000. A 10% stock dividend (16,000 shares) is declared when the market price per share is $15. Show the before-and-after effects of the dividend on the following.

(a) The components of stockholders’ equity. (b) Shares outstanding. (c) Par value per share.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92043262

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