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Part 1 Part 2. Gets cut off but reads, Compute...

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Accounting

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Part 1
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Part 2. Gets cut off but reads, Compute the book value per share and total book value of this stockholders shares immediately before and after the stock dividend of Feb 5.
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Exercise 11-6 Stock dividends and per share book values LO P2 [The following information applies to the questons dsplayed below The stockholders equity of TVX Company at the beginning of the day on February 5 follows Common stock-$10 par value, 150,000 shares authorized, 60,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity s 600,000 425,000 550,000 s 1,575,000 On February 5, the directors declare a 20% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. The stock's market value is $33 40 per share on February 28

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