17. 4.16 points The owners' equity accounts for Hexagon International are shown here Common stock...
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17. 4.16 points The owners' equity accounts for Hexagon International are shown here Common stock ($.40 par value) $ 27,500 375,000 818,120 Capital surplus Retained earnings Total owners' equity $1,220,620 a-1. If the company's stock currently sells for $40 per share and a 10 percent stock dividend is declared how many new shares will be distributed? (Do not round intermediate calculations.) New shares issued a-2. Show the new equity account balances after the stock dividend is paid. (Do not round intermediate calculations.) Common stock Capital surplus Retained earnings Total owners' equity b-1. If the company declared a 20 percent stock dividend, how many new shares will be distributed? (Do not round intermediate calculations.) New shares issued b-2.Show the new equity account balances after the stock dividend is paid. (Do not round intermediate calculations.) Common stock Capital surplus Retained earnings Total owners' equity
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