How would accounts change in response to a ten percent stock
Problem
A firm has retained earnings of $3.4 million, a common shares account of $5.4 million, and additional paid-in capital of $10.8 million, how would these accounts change in response to a 10 percent stock dividend?
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A firm has retained earnings of $3.4 million a common share account of $5.4 million, how would these accounts change in response to a 10 percent stock dividend?
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