Chapter 14, Problem 11QP

Summary Introduction

To determine: The effects on the owner’s total equity

Introduction:

The par value of the common stock gets affected in the equity account. Stock split reduces the stock price, as the number of shares outstanding increases.

Dividend are those which are payable to the shareholders on the distribution of certain amount of company’s earnings

Summary Introduction

To determine: Last year’s dividend per share

Introduction:

The par value of the common stock gets affected in the equity account. Stock split reduces the stock price, as the number of shares outstanding increases.

Dividend are those which are payable to the shareholders on the distribution of certain amount of company’s earnings