Use the following to answer questions 13 - 17 KMC Corp.'s management is considering either...
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Accounting
Use the following to answer questions 13 - 17 KMC Corp.'s management is considering either a 100% stock dividend or a 2-for-1 stock split. After 2-for-1 Stock Split Complete the following chart to assist in answering the following: After 100% Before Stock Dividend Common stock, $0.50 par value $50,000 TOO, vol Additional paid-in capital 1,350,000 1,350,000 Total paid-in capital 1,400,000 Retained Earnings 500,000 Total stockholders' equity $1,900,000 1,350,ooo Shares outstanding Par value per share Share price 100,000 $0.50 $150.00 13. $. After the 100% stock dividend what amount is in Total paid-in capital account? 14. $ After the 100% stock dividend what amount is in the retained earnings account? 15. $____After the 100% stock dividend what is the par value per share? 16. $ After the 2-for-1 stock split what amount is in Total paid in capital account? 17. $______After the 2-for-1 stock split what is the par value per share
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