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Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
Edition 26ISBN: 978-1337498159Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
Edition 26ISBN: 978-1337498159 Exercise 41
An owner of 2,500 shares of Simmons Company common stock receives a stock dividend of 50 shares.
a. What is the effect of the stock dividend on the stockholder's proportionate interest ( equity) in the corporation
b. How does the total equity of 2,550 shares compare with the total equity of 2,500 shares before the stock dividend
a. What is the effect of the stock dividend on the stockholder's proportionate interest ( equity) in the corporation
b. How does the total equity of 2,550 shares compare with the total equity of 2,500 shares before the stock dividend
Explanation
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a) Effect of stock dividend on the stock...
Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
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