Business, 02.06.2021 18:10 itsmichaelhere1
Long Co. had 100,000 shares of common stock issued and outstanding at January 1, 20X6. During 20X6, Long took the following actions: March 15 - Declared a 2-for-1 stock split, when the fair value of the stock was $80 per share. December 15 - Declared a $.50 per share cash dividend. In Long's statement of stockholders' equity for 20X6, what amount should Long report as dividends
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Long Co. had 100,000 shares of common stock issued and outstanding at January 1, 20X6. During 20X6,...
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