Business, 31.05.2020 05:58 joexx159

If a firm has retained earnings of $2.7 million, a common shares account of $4.7 million, and additional paid-in capital of $9.4 million, how would these accounts change in response to a 10 percent stock dividend? Assume market value of equity is equal to book value of equity.

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If a firm has retained earnings of $2.7 million, a common shares account of $4.7 million, and additi...

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