Business, 30.03.2020 15:54 johncruzguerrero70

The stockholders' equity section of the balance sheet for Pokagon Corporation appeared as follows before its recent stock dividend: Common stock, $10 par, 10,000 shares issued and outstanding $ 100,000 Additional paid-in capital - common 120,000 Retained earnings 150,000 Total stockholders' equity $370,000 Pokagon declared a 10% stock dividend when the market price per share was $20. After the stock dividend was distributed, the components of the stockholders' equity section were: Select one:

A.

Common Stock

Additional Paid-in Capital

Retained Earnings

$100,000

$130,000

$170,000

B.

Common Stock

Additional Paid-in Capital

Retained Earnings

$100,000

$130,000

$130,000

C.

Common Stock

Additional Paid-in Capital

Retained Earnings

$110,000

$130,000

$130,000

D. There would be no change in the components of stockholders' equity.

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The stockholders' equity section of the balance sheet for Pokagon Corporation appeared as follows be...

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