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A company with 95,434 authorized shares of $4 par common stock issued 40,671 shares at $16 per share. Subsequently, the
Posted: Fri Jul 01, 2022 8:39 am
by answerhappygod
- A Company With 95 434 Authorized Shares Of 4 Par Common Stock Issued 40 671 Shares At 16 Per Share Subsequently The 1 (14.52 KiB) Viewed 50 times
A
company with 95,434 authorized shares of $4 par common stock issued 40,671 shares at $16 per share. Subsequently, the
company declared a 2% stock dividend on a date when the market price was $28 a share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend? Or. 378,522 Ob. 855,443 Oc. 81,254 Od. $22,776