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Business, 18.03.2021 01:30 allhailkingmilkdud

Randall's, Inc. has 20,000 shares of stock outstanding with a par value of $1 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 be the balance in the retained earnings account after the dividend

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Randall's, Inc. has 20,000 shares of stock outstanding with a par value of $1 per share. The market...
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