Homework Answers
Solution 2:
Nos of shares before stock dividend = 75000 shares
Nos of shares after stock dividend = 75000*114% = 85500 shares
Book value per share before stock dividend = Total stockholder's equity / Nos of shares outstanding = $1,950,000 / 75000 = $26 per share
Book value per share after stock dividend = Total stockholder's equity / Nos of shares outstanding after stock dividend = $1,950,000 / 85500 = $22.807 per share
| Particulars | Before | After |
| Book value per share | $26.00 | $22.807 |
| Nos of shares held | 750 | 855 |
| Total book value of shares | $19,500 | $19,500 |
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Check my work 3 Required information IThe following information applies to the questions displayed below.) The...
Check my work 3 Required information IThe following information applies to the questions displayed below.) The...
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