The HASF company shareholder’s equity account as of December 2010 is as follow
Common stock (10 per value 100,000 share) 1,000,000
Additional paid in capital 300,000
Retained earnings s 1,000,000
Currently company is under pressure from shareholders to pay some dividends cash balance is 100,000 all of which is needed for transactions purposes the stock is trading for 15 a share
- Reformulate the share holder’s equity account if the company pays a 15% stock dividends
- Reformulate the share holder’s equity account if the company pays a 25% stock dividends
- Find out EPS in both cases if net income is 500,000
P.s: Solve all the tables manually and not with excel formula, Thank you.
