At the beginning of the current year, Ace Company declared 10% stock dividend. The market price of the entity’s 30,000 outstanding shares of20 par value was P90 per share on that date. The stock dividend was distributed on July 1, when the market price was P100 per share. What amount should be credited to share premium for the stock dividend? a. 210,000 b. 240,000 c. 270,000 d. 300,000

A stock pays an annual dividend of $1.18 18A stock pays an annual dividend of $1.18 per share calculate the dividends paid to a shareholder who has 315 shares of the company stock.

On June 30, 2020, when ABC shares were selling for $ 65 each, the equity accounts had the following balances:               Common shares (par value $ 50: 50,000 issued) $ 2,500,000                Capital contributed in excess of par value 600,000                Retained earnings 4,200,000 A 100% share dividend is declared and distributed, the balance of the Common Shares account after recording the dividend will be: a. $2,500,000 b. $7,300,000 c. $3,100,000 d. $5,000,000

Sturdy Stone Tools, Inc., announced a 100 percent stock dividend. Determine the impact (increase,decrease, no change) of this dividend on the following:1. Total assets.2. Total liabilities.3. Common stock.4. Total stockholders’ equity.5. Market value per share of common stock.

A company declared and distributed an 8% dividend on 800,000 shares of $5 par value common stock outstanding. Market price per common share on this date was $25. What is the debit to Retained Earnings for the value of the stock dividend? O $64,000 O $320,000 O $1,600,000 O $40,000,000 79°F Rair

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