What will be the capital in excess of par account, Finance Basics

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What will be the capital in excess of par account

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

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Finance Basics: What will be the capital in excess of par account

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Finance Basics: What will be the capital in excess of par account

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Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: What will be the capital in excess of par account

Reference No:- TGS0726460

Recent Questions Asked Finance Basics

Q : Percentage of people did he score higher

Q : What is the speed of the body

Q : What if businesses did not extend credit

Q : Support the claim that cans are less expensive

Q : What will be the capital in excess of par account

Q : Role of stunt mouse by stuffing him into a spring gun

Q : Find temperature at which meteoroid rises momentarily

Q : Porportion of on-time flights

Q : Calculate the air temperature at the turbine

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