Business, 13.08.2019 00:20 Lianabel0517

Universe co. issued 500,000 shares of common stock in the current year. universe declared a 30o/o stockdividend. the market value was $50 per share, the par value was $10, and the average issue price was $30per share. by what amount will universe decrease stockholders' equity for the dividend? a. $0b. $1,500,000 c. $4,500,000 d. $7,500 ,000

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Universe co. issued 500,000 shares of common stock in the current year. universe declared a 30o/o st...