Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

تمرين 27

Comparing Stock Dividends and Splits
On July 1, 2013, Jones Corporation had the following capital structure:

Required:
Complete the following table based on three independent cases involving stock transactions:
Case 1: The board of directors declared and issued a 10 percent stock dividend when the stock price was $8 per share.
Case 2: The board of directors declared and issued a 100 percent stock dividend when the stock price was $8 per share.
Case 3: The board of directors voted a 2-for-l stock split. The stock price prior to the split was $8 per share.