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Business, 21.01.2021 23:00 LEXIEXO

The following information is available for Blowing Rock Corporation: Common Stock ($5 par) $1,600,000
Retained Earnings 1,200,000

An 18% stock dividend is declared and paid when the market value was $16 per share.

Required:
a. Compute total stockholders' equity after the stock dividend.
b. Compute number of shares outstanding after the stock dividend.

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Answers: 1

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The following information is available for Blowing Rock Corporation: Common Stock ($5 par) $1,600,0...

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