Allied industries, has 250,000 shares of$7-par common stock outstanding. They''ve declared a 7% stock dividend. The currentmarket price of the common stock is $11/share. What amount that will be credited to Paid-in - Capital in Excess of Par Common Stock on the date of declaration?
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Home » Mathematics » Allied industries, has 250,000 shares of$7-par common stock outstanding. They''ve declared a 7% stock dividend. The currentmarket price of the common stock is $11/share.