Cumberland Coffee Co. issued a 10% share dividend on November 15. Before the issue, following data was collected: Retain
Posted: Wed Jul 06, 2022 6:08 am
Cumberland Coffee Co. issued a 10% share dividend on November 15. Before the issue, following data was collected: Retained earnings Shares outstanding Market value per share Par value per share Shares issued The amount that total equity will increase (decrease) as a result of recording the share dividend is $0 O $11,000 $550,000 11,000 $10 $5 1,100 $5,500 O $(11,000)