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The stockholders’ equity section of Coronado Corporation consists of common stock ($10 par) $2,450,000 and retained...

The stockholders’ equity section of Coronado Corporation consists of common stock ($10 par) $2,450,000 and retained earnings $528,000. A 10% stock dividend (24,500 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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Answer #1

Given Inh common sloot ($10 pax) - $4,450 Retained earning. = $699,000 107. Stock dividend is dedans on 24,500 Sbares, when mc) par value per share slet par Value per Share is the face Value of the shares, at which the shares are issued to the publi

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