Business, 26.05.2020 23:06 crystrow9p6qc7n

Windsor, Inc. has had 4 years of net income. Due to this success, the market price of its 350,000 shares of $5 par value common stock has increased from $12 per share to $52. During this period, paid-in capital remained the same at $4,410,000. Retained earnings increased from $1,740,000 to $12,700,000. President E. Rife is considering either a 16% stock dividend or a 2-for-1 stock split.

1. Show the before-and-after effects of each option on retained earnings.

a. Retained earnings after stock dividend: $

b. Retained earnings after stock split:

2. Show the before-and-after effects of each option on total stockholders' equity.

a. Total stockholders' equity after stock dividend: $

b. Total stockholders' equity after stock split:

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Windsor, Inc. has had 4 years of net income. Due to this success, the market price of its 350,000 sh...

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