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11 Oct 2018
The market value of the ownership of the firm equals:
a)the market price of the stock times the number of shares outstanding.
b)the sum of the market price of the bonds and the stock.
c)the par value of the stock times the number of shares outstanding.
d) the market price of the stock minus the retained earnings.
e) None of these.
The market value of the ownership of the firm equals:
a)the market price of the stock times the number of shares outstanding.
b)the sum of the market price of the bonds and the stock.
c)the par value of the stock times the number of shares outstanding.
d) the market price of the stock minus the retained earnings.
e) None of these.
Keith LeannonLv2
14 Oct 2018
Related questions
The company with the common equity accounts shown here has declared a 20 percent stock dividend when the market value of its stock is $30 per share.
| Common stock ($1 par value) | $ | 400,000 |
| Capital surplus | 849,000 | |
| Retained earnings | 3,750,800 | |
| Total owners' equity | $ | 4,999,800 |
| What would be the number of shares outstanding, after the distribution of the stock dividend? |
| New shares outstanding |
| What would the equity accounts be after the stock dividend? |
| Common stock | $ |
| Capital surplus | |
| Retained earnings | |
| Total owners' equity | $ |
