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Business, 10.11.2020 17:00 LuxTheGirl2543

Samuel's has 42,000 shares of stock outstanding with a par value of $1 per share and a market price per share of $41. The balance sheet shows $1,358,000 in the capital in excess of par account and $2,212,500 in the retained earnings account. The firm just announced a stock dividend of 50 percent. What is the value of the capital in excess of par account after the dividend

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Samuel's has 42,000 shares of stock outstanding with a par value of $1 per share and a market price...
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