What capital stock would be, Accounting Basics

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What capital stock would be

On June 30, 2010, when Ermler Co.'s stock was selling at $65 per share, its capital accounts were as follows:

Capital stock (par value $50; 60,000 shares issued) $3,000,000
Premium on capital stock 600,000
Retained earnings 4,200,000

If a 100% stock dividend were declared and distributed, what capital stock would be ?

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Accounting Basics: What capital stock would be

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Accounting Basics: What capital stock would be

Reference No:- TGS081039

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What capital stock would be

Reference No:- TGS081039

Recent Questions Asked Accounting Basics

Q : Compute the seasonal index for the four quarters

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Q : Ms-dos operating system

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