mgeedoo
Jun 1, 2010, 12:20 AM
Columbia paper has following stockholders's equity account .the firm's common stock has has current market price of $30 per share
Preferred stock $100000
c,s (10000shares at 2 par) 20000
Paid in capital in excess of par 280000
Retained earnings 100000
Total stockholders equity $500000
a... show da effect on columbia of 5% of stock dividend
b... show da effect of 10and 20% stock dividend
c.discuss da effect of stock dividend on stockholders equity
Preferred stock $100000
c,s (10000shares at 2 par) 20000
Paid in capital in excess of par 280000
Retained earnings 100000
Total stockholders equity $500000
a... show da effect on columbia of 5% of stock dividend
b... show da effect of 10and 20% stock dividend
c.discuss da effect of stock dividend on stockholders equity