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Business, 25.04.2020 01:55 xojade

A company with 94,000 authorized shares of $8 par common stock issued 49,000 shares at $13. Subsequently, the company declared a 2% stock dividend on a date when the market price was $35 per share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?

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A company with 94,000 authorized shares of $8 par common stock issued 49,000 shares at $13. Subseque...
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