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the stockholders equity portion of Brimstone Tire: common stock(2.

the stockholders equity portion of Brimstone Tire:

common stock(2.0 million shares at $10 par) $20,000,000
Capital in excess of par $17,000,000
retained Earnings $33,000,000
total $70,000,000

the current market value of Brimstone stock is $20. Show what the balance sheet will look like (comparison to above) if Brimstone declares 10% stock dividend."

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the stockholders equity portion of Brimstone Tire:
common stock(2.0 million shares at $10 par) $20,000,000
Capital in excess of par $17,000,000
retained Earnings $33,000,000
total $70,000,000
the...

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