retained earnings balance

Accounting
Tutor: None Selected Time limit: 1 Day

Apr 30th, 2015

A 50% stock dividend is large, and it will greatly effect the market value of the outstanding stock. 

You have the right idea here, in that common stock will go up by the par value of the shares, but remember it's only a 50% stock dividend, so that's 25,000 shares, $250,000.

Let me know if you have any questions. 

Apr 30th, 2015

Thank you! 

Apr 30th, 2015

Are you studying on the go? Check out our FREE app and post questions on the fly!
Download on the
App Store
...
Apr 30th, 2015
...
Apr 30th, 2015
Dec 4th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer