Olympic Corporation has 75,000 shares of $1 par value stock outstanding. The largest single stockholder...
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Olympic Corporation has shares of $ par value stock outstanding. The largest single stockholder is Lou Cheng, who owns shares. On December the total assets of the company amount to $ and total liabilities to $ On that date, the board of directors declared a stock dividend. Required: Compute the following. Note: Round your answers to the nearest to two decimal place. A Book value per share before the stock dividend B Book value per share after the stock dividend
Olympic Corporation has shares of $ par value stock outstanding. The largest single stockholder is Lou Cheng, who owns shares. On December the total assets of the company amount to $ and total liabilities to $ On that date, the board of directors declared a stock dividend.
Required:
Compute the following.
Note: Round your answers to the nearest to two decimal place.
A Book value per share before the stock dividend
B Book value per share after the stock dividend
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