The stockholders' equity section of Ayayai Corp.s balance sheet consists of common stock ($8 par) $972,000 and retained
Posted: Wed Jul 06, 2022 6:18 pm
The stockholders' equity section of Ayayai Corp.s balance sheet consists of common stock ($8 par) $972,000 and retained earnings $460,000. A 15% stock dividend (18.225 shares) is declared when the market price per share is $16. (a) Show the before-and-after effects of the dividend on the components of stockholders' equity. (Enter account name only and do not provide descriptive information. Outstanding shares $ (b) Show the before-and-after effects of the dividend on the shares outstanding. Before Dividend Before Dividend After Dividend LA After Dividend