The stockholders’ equity section of Bramble Corp. consists of common stock ($10 par) $1,510,000 and retained earnings $596,000. A 10% stock dividend (15,100 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. Before Dividend After Dividend Stockholders’ equity $ $ Outstanding shares Par value per share $ $
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The stockholders’ equity section of Bramble Corp. consists of common stock ($10 par) $1,510,000 and...
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