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 Split After 100% Before Stock Dividend Common stock, $0.50 par value $250,000 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 $250.00 2$ what amount is in Total paid-in capital account? 13. After the 100% stock dividend
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 Split After 100% Before Stock Dividend Common stock, $0.50 par value $250,000 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 $250.00 2$ what amount is in Total paid-in capital account? 13. After the 100% stock dividend
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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What the answer for 16,17
Transcribed Image Text:Use the following to answer questions 13 - 17
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 $250,000
Additional paid-in capital
25,000,000
Total paid-in capital
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
$
what amount is in Total paid-in capital account?
13.
After the 100% stock dividend
14.
After the 100% stock dividend
what amount is in the retained earnings account?
2$
is the par
15.
After the 100% stock dividend what
value
per
share?
$
amount is in Total paid in capital account?
16.
After the 2-for-1 stock split what
$
the
17.
After the 2-for-1 stock split what is
share?
par value
per
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