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Unformatted text preview: Common Stock Dividend Distributable 90,000,000 Common Stock 90,000,000 3 Stock dividends and splits provide the same purpose with observing to the securities marke procedures allow the board of directors to amplify the extent of shares and condense share preferred trading range. For accounting purposes the 20%25% rule logically views huge stock dividends as substa this case, it is essential to exploit par value with a stock dividend because the amount of sh the par value remains alike. Earnings are capitalized for merely routine explanations. (LO 8) (Stock Split and Stock Dividend) The common stock of Alexander Hamilton Inc. is currently to 18 million ets. Both e prices into a antive stock splits. In hares is amplified and...
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This note was uploaded on 08/14/2011 for the course ACCT 423 taught by Professor R.becksted during the Spring '09 term at University of Phoenix.
- Spring '09
- Financial Accounting