The stockholders' equity section of the balance sheet for Potawatomi Corporation appeared as follows before its recent stock dividend: Common stock, $10 par, 10,000 shares issued and outstanding $ 100,000 Additional paid-in capital - common 120,000 Retained earnings 150,000 Total stockholders' equity $ 370,000 Potawatomi declared a 10% stock dividend (considered small) when the market price per share was $20. After the stock dividend was distributed, the components of the stockholders' equity section were: Common Stock Additional Paid-in Capital Retained Earnings [A] [B] [C]
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Home » Business » The stockholders' equity section of the balance sheet for Potawatomi Corporation appeared as follows before its recent stock dividend: Common stock, $10 par, 10,000 shares issued and outstanding $ 100,000 Additional paid-in capital - common 120,000