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Stock Dividends The owner's equity accounts for Hexagon International are demonstrate here:Common stock ($1 par value) $10,000Capital surplus $ 180,000Retained earnings $ 586,500
Total owner's equity $ 776,500
[A] If Hexagon stock currently sells for $25 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change.
[B] If Hexagon declared a 25 percent stock dividend, how would the accounts change?
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ssume under a system of flexible exchange rates a black and white TV rates $150 in the United State and 18,600 yen in Japan. Other things being equal,
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