Problem 14.04 – Vulcano or Masterson International

Essentials of Corporate Finance

Ross, Westerfield, and Jordan

10th Edition and 11th Edition

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Difficulty – Medium

Calculate how many new shares will be distributed after a stock dividend is declared, and determine how the common stock account, the capital surplus account, the retained earnings account and the total owners' equity would change as a result of the stock dividend.

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