Use the fo11 Owing to answer questions KMC Corp.'s management is considering either a 100% stock dividend or a 2-for-1 stock split. Complete the following chart to assist in answering the following: After 2-for-1 Stock Dividend| Stock Split After 100% Before Common stock, $0.50 par value S250,000 Additional paid-in capital Total paid-in capital 25,000,000 25,250,000 Retained Earnings 500,000 Total stockholders' equity $25,750,000 Shares outstanding 500,000 Par value per share $0.50 Share price $250.00
Use the fo11 Owing to answer questions KMC Corp.'s management is considering either a 100% stock dividend or a 2-for-1 stock split. Complete the following chart to assist in answering the following: After 2-for-1 Stock Dividend| Stock Split After 100% Before Common stock, $0.50 par value S250,000 Additional paid-in capital Total paid-in capital 25,000,000 25,250,000 Retained Earnings 500,000 Total stockholders' equity $25,750,000 Shares outstanding 500,000 Par value per share $0.50 Share price $250.00
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter11: Stockholders' Equity
Section: Chapter Questions
Problem 11.12E
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