Mathematics, 22.02.2021 01:00 neariah24

The owners’ equity accounts for Masterson International are shown here: Common stock ($1 par value) $ 85,000 Capital surplus 227,000 Retained earnings 750,000 Total owners’ equity $ 1,062,000 a. Assume the company's stock currently sells for $28 per share and a stock dividend of 20 percent is declared. How many new shares will be distributed?

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The owners’ equity accounts for Masterson International are shown here: Common stock ($1 par value)...

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