Required information
Exercise Algo Small stock dividend LO P
The following information applies to the questions displayed below.
The stockholders' equity section of TVX Company on February follows.
Common stock$ par value, shares authorized, shares issued and outstanding
Paidin capital in excess of par value, common stock
Retained earnings
Total stockholders' equity
$
$
On February the directors declare a stock dividend distributable on February to the February stockholders of record. The stock's market value is $ per share on February before the stock dividend.
Exercise Algo Part
Prepare the stockholders' equity section after the stock dividend is distributed. Assume no other changes to equity.
TVX COMPANY
Stockholders' Equity Section of the Balance Sheet
February
Total stockholders' equity
