## Stockholders equity changed, by how much, Financial Accounting

Assignment Help:

On May 1, 2010, Ziek Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Ziek had 100,000 shares of \$1 par value common stock issued and outstanding. The fair value of Ziek 's common stock was \$20 per share on May 1, 2010.
Required:
As a result of this stock dividend:
1) Did Ziek's total stockholders' equity increase; decrease or remain the same.
2) If stockholders equity changed, by how much?

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