Business
Business, 28.11.2019 23:31, kaitlynnputtere

January 1, edison corporation had 1,000,000 shares of $10 par value common stock outstanding. on march 31, the company declared a 20% stock dividend. market value of the stock was $18/share. as a result of this event, a. edison's paid-in capital in excess of par account increased $1,600,000.b. edison's total stockholders' equity was unaffected. c. edison's stock dividends account increased $3,600,000.d. all of these answers are correct.

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January 1, edison corporation had 1,000,000 shares of $10 par value common stock outstanding. on mar...

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