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The Percolator Company Has the Following Capital Structure

question 34

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The Percolator Company has the following capital structure:
The Percolator Company has the following capital structure:     The company declares a 10 percent stock dividend. The pre-stock dividend market price of the company's stock is $50. -Determine the balance in the retained earnings account after the stock dividend. A)  $4,000,000 B)  $1,375,000 C)  $2,750,000 D)  $1,250,000
The company declares a 10 percent stock dividend. The pre-stock dividend market price of the company's stock is $50.
-Determine the balance in the retained earnings account after the stock dividend.


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