Business, 21.04.2020 22:48 idioticeinstein9021

A company with 100,000 authorized shares of $4 par common stock issued 40,000 shares at $8. Subsequently, the company declared a 4% stock dividend on a date when the market price was $12 a share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend? a.$19,200 b.$32,000 c.$12,800 d.$48,800

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A company with 100,000 authorized shares of $4 par common stock issued 40,000 shares at $8. Subseque...