The owners equity accounts for Hexagon International are shown here: Common stock ($.60 par value)...
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Accounting
The owners equity accounts for Hexagon International are shown here: Common stock ($.60 par value) $ 45,000 Capital surplus 340,000 Retained earnings 748,120 Total owners equity $ 1,133,120
a-1. If the company's stock currently sells for $30 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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