Business, 31.12.2020 19:40 ayoismeisalex

On January 1, Coronado Corporation had 960000 shares of $10 par value common stock outstanding. On March 31, the company declared a 25% stock dividend. Market value of the stock was $20/share. As a result of this event: a. Key‘s Paid-in Capital in Excess of Par account increased $2,000,000
b. Key’s total stockholders‘ equity was unaffected.
c. Key‘s Stock Dividends account increased $6,000,000.
d. All of these answer choices are correct.

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On January 1, Coronado Corporation had 960000 shares of $10 par value common stock outstanding. On M...

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