Business, 15.04.2020 02:50 gungamer720
Beacon Corporation issued a 4 percent stock dividend on 30,500 shares of its $7 par common stock. At the time of the dividend, the market value of the stock was $22 per share. Required a. Compute the amount of the stock dividend. b. Show the effects of the stock dividend on the financial statements using a horizontal statements model. In the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). Use NA to indicate that an element was not affected by the event.
Answers: 1
Business, 21.06.2019 20:30
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Beacon Corporation issued a 4 percent stock dividend on 30,500 shares of its $7 par common stock. At...
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