The owners equity accounts for Vulcano International are shown here: Common stock ($.50 par value)...
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Accounting
The owners equity accounts for Vulcano International are shown here: Common stock ($.50 par value) $ 20,000 Capital surplus 210,000 Retained earnings 587,300 Total owners equity $ 817,300 a-1. If the companys stock currently sells for $42 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? (Do not round intermediate calculations.) a-2. Show how the equity accounts would change. (Do not round intermediate calculations.) b-1. If instead the company declared a 25 percent stock dividend, how many new shares will be distributed? (Do not round intermediate calculations.)
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