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  3. the stockholders equity section of ayayai corp.s b

The stockholders equity section of Ayayai Corp.s balance sheet consists of common stock ($7 par)...

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Accounting

The stockholders equity section of Ayayai Corp.s balance sheet consists of common stock ($7 par) $973,000 and retained earnings $460,000. A 15% stock dividend (20,850 shares) is declared when the market price per share is $16. (a) Show the before-and-after effects of the dividend on the components of stockholders equity.

Show the before-and-after effects of the dividend on the shares outstanding

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