Cautious Company is a little short of cash so they are planning to do an 11% stock dividend instead. Callie has 350 shares of Cautious and they are currently selling at $29.00 per share. Cautious has a total of 10,000 shares outstanding.
Before the stock dividend, what is the total value of Callie’s investment in Cautious Company? ___________________
After the stock dividend, Callie will have ______________ shares.
After the stock dividend, the shares will be worth ___________ per share.
After the stock dividend, the total value of Callie’s investment in Cautious Company will be _____________________.