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Jays Brown
Answers (1)
before: common $600,000 Outstanding shares: 60,000 shares book value per share = $10 r.e. = $900,000 Stock dividend: Current price = $14.00 share. 5% dividend = $0.70 per share $0.70 per share * 60,000 shares = $42,000 so.... After stock dividend: common
