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Cba has 5000000 in retained earnings and has declared a

CBA Inc has 400,000 shares outstanding with a $5 par value. The shares were issued for $12. The stock is currently selling for $34. CBA has $5,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 6%. What will be the capital in excess of par account after the stock dividend?

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Finance Basics: Cba has 5000000 in retained earnings and has declared a

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Finance Basics: Cba has 5000000 in retained earnings and has declared a

Reference No:- TGS0598943

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Cba has 5000000 in retained earnings and has declared a

Reference No:- TGS0598943

Recent Questions Asked Finance Basics

Q : The coal is fed with 200 excess water excess is calculated

Q : A small rocket to gather weather data is launched straight

Q : A student added calcium ion ca2 to an aqueous solution and

Q : Your friend who is exactly the same age as you travels at a

Q : Cba has 5000000 in retained earnings and has declared a

Q : At 22 degc an excess amount of a generic metal hydroxide

Q : You are given a pendulum composed of a 0038 kg mass on the

Q : Assume kathleens computed depreciation expense of 140000

Q : Discuss the components of microeconomics or macroeconomics

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