Beacon Corporation issued a 3 percent stock dividend on 37,000 shares of its $8 par...
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Beacon Corporation issued a percent stock dividend on shares of its $ par common stock. At the time of the dividend, the market value of the stock was $ per share. Required Compute the amount of the stock dividend. Show the effects of the stock dividend on the financial statements using a horizontal statements model. In the Cash Flow column, indicate whether the item is an operating activity OA investing activity IA or financing activity FA If an element was not affected by the event, leave the cell blank. 
Beacon Corporation issued a percent stock dividend on shares of its $ par common stock. At the time of the dividend, the market value of the stock was $ per share.
Required
Compute the amount of the stock dividend.
Show the effects of the stock dividend on the financial statements using a horizontal statements model. In the Cash Flow column, indicate whether the item is an operating activity OA investing activity IA or financing activity FA If an element was not affected by the event, leave the cell blank.
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