Question 5 of 7 -10 View Policies Current Attempt in Progress Waterway Company...
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Accounting
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View Policies
Current Attempt in Progress
Waterway Company has had years of net income. Due to this success, the market price of its shares of $ par value common stock has increased from $ per share to $ During this period, paidin capital remained the same at $ Retained earnings increased from $ to $ President Rife is considering either a stock dividend or a for stock split.
He asks you to show the beforeandafter effects of each option on retained earnings.
Retained earnings after stock dividend
$
Retained earnings after stock split
$
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He asks you to show the beforeandafter effects of each option on total stockholders' equity.
Total stockholders' equity after stock dividend
$
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