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Business, 09.12.2019 19:31 jwbri

The stockholders' equity of tvx company at the beginning of the day on february 5 follows. common stock—$ 10 par value. 150.000 stares authorized. 60.000 shares and 600,000$paid-in capital in excess of par value, common 425,000retained earnings 550,000total stockholders' 15,75000 on february 5, the directors declare a 20% stock dividend distributable on february 28 to the february 15 stockholders of record. the stock's market value is $40 per share on february 5 before the stock dividend. the stock's market value is s33.40 per share on february 28. 1. prepare entries to record both the dividend declaration and its distribution. 2. one stockholder owned 800 shares on february 5 before the dividend. compute the book value per share and total book value of this stockholder's shares immediately before and after the stock dividend of february 5. (in this case, define book value per share as total stockholders' equity divided by the number of issued and distributable shares.) 3. compute the total market value of the investor's shares in part 2 as of february 5 and february 28.

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The stockholders' equity of tvx company at the beginning of the day on february 5 follows. common st...
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