Do It! Review 11-3b Oriole Company has had 4 years of record earnings. Due to...

60.1K

Verified Solution

Question

Accounting

image
image
Do It! Review 11-3b Oriole Company has had 4 years of record earnings. Due to this success, the market price at $5,220,000. Retained earnings increased from $3,915,000 to $26,100,000. CEO Don An retained earnings, (b) total stockholders equity, and (c) par value per share. 1. Stock dividend - retained earnings 2. 2-for-1 stock split-retained earnings s Oriole Company Original Balance After Dividend After Split Paid-in capital Retained earnings Total stockholder's equity $ Shares outstanding 1. Stock dividend par value per share s 2. 2-for-1 stock split - par value per share$ Click if you would like to Show Work for this question: Modify Show Work LINK TO TEXT

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students