The market value of the stock at that time was $16 per share. Cody’s total stockholders’ equity should increase or decrease by __________. Again sorry didn't have enough room for it all.
since the company gave 10% stock divident so, no. of shares would be 2200, a increase by 200,so, the increase in shares equity would be 200 shares at the market value of $16 = 200*16 = $ 3200Please select my answers if they were helpful to you. Please appreciate my help. :)
Content will be erased after question is completed.
Enter the email address associated with your account, and we will email you a link to reset your password.
Forgot your password?