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Posted: **Wed Jul 06, 2022 6:12 am**

: Cumberland Coffee Co Issued A 10 Share Dividend On November 15 Before The Issue Following Data Was Collected Retain 1 (28.3 KiB) Viewed 11 times

: Cumberland Coffee Co Issued A 10 Share Dividend On November 15 Before The Issue Following Data Was Collected Retain 2 (18.49 KiB) Viewed 11 times

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 $550,000 11,000 $10 $5 1,100 The amount that total equity will increase (decrease) as a result of recording the share dividend is
The amount that total equity will increase (decrease) as a result of recording the share dividend is $(11,000) $11,000 $5,500 O so