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On january 1, edmiston corporation had 1,600,000 shares of $10 par value common stock outstanding. on march 31 the company declared a 10% stock dividend. market value of the stock was $15/share. as a result of this event, a. edmiston's paid-in capital in excess of par value account increased $800,000.b. edmiston's total stockholders' equity was unaffected. c. edmiston's stock dividends account increased $2,400,000.d. all of these answer choices are correct.
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On january 1, edmiston corporation had 1,600,000 shares of $10 par value common stock outstanding. o...
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