If octagon stock currently sells for 30 per share and a 10, Finance Basics

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If octagon stock currently sells for 30 per share and a 10

Stock Dividends The owners' equity accounts for Octagon International are shown here:

a. If Octagon stock currently sells for $30 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change.

b. If Octagon declared a 25 percent stock dividend, how would the accounts change?

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Finance Basics: If octagon stock currently sells for 30 per share and a 10

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Finance Basics: If octagon stock currently sells for 30 per share and a 10

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