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Business, 07.04.2020 17:00 michaelmorrison37

Jackson Corporation issued a 100% stock dividend of its common stock, which had a par value of $.01, and a market value of $123 before the dividend and $62 after the dividend. At what amount should retained earnings be capitalized for the additional shares issued?

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Jackson Corporation issued a 100% stock dividend of its common stock, which had a par value of $.01,...
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