Title: Following is the shareholders' equity section of the balance sheet of the Everslim ... Post by: Tomm on Nov 10, 2017 Following is the shareholders' equity section of the balance sheet of the Everslim Corporation:
Share capital: Common shares, 100,000 shares authorized, 65,000 shares issued $650,000 Total share capital $650,000 Retained earnings 349,000 Total shareholders' equity $999,000 The common shares are currently selling for $15.50 per share. The number of common shares authorized and issued after the distribution of a 15% common stock dividend is: A) 115,000 and 74,750 B) 115,000 and 65,000 C) 100,000 and 74,750 D) 100,000 and 65,000 Title: Re: Following is the shareholders' equity section of the balance sheet of the Everslim ... Post by: msayed2004 on Nov 10, 2017 Content hidden
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