Question 54 Pharoah Company has had 4 years of not income. Due to this success,...
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Question 54 Pharoah Company has had 4 years of not income. Due to this success, the market price of its 500,000 shares of $5 par value common stock has increased from $12 per share to $54. During this period, paid-in capital remained the same at $4,480.000. Reta ned earnings increased from S1.750,000 to s 11.800.000, President E. Rife is considering either a 12% stock dividend or a 2-for-1 stock split. He asks you to show the before-and-after effects of each option on retained earnings. Retained earnings after stock dividend Retained earnings after stock split LINK TO TEXT He asks you to show the bafore-and-after offacts of each option on total stockholders' equity. Total stockholders equity after stock dividend Click if you would like to Show Work for this question: Open Shew Warks LNK TO TEXT
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