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Business, 22.06.2019 13:40 allytrujillo20oy0dib

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?

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Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the mark...
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