Mathematics
Mathematics, 02.10.2021 23:10, edramirez1914

The owners’ equity accounts for Quadrangle International are shown here: Common stock ($1 par value) $ 30,000 Capital surplus 285,000 Retained earnings 649,180 Total owners’ equity $964,180 a. If Quadrangle stock currently sells for $30 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change.

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The owners’ equity accounts for Quadrangle International are shown here: Common stock ($1 par value)...

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