Compute the total market value of investors shares in part

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Reference no: EM131206577

The stockholders’ equity of TVX Company at the beginning of the day on February 5 follows: Common stock—$15 par value, 150,000 shares authorized, 53,000 shares issued and outstanding $ 795,000 Paid-in capital in excess of par value, common stock 525,000 Retained earnings 675,000 Total stockholders’ equity $ 1,995,000 On February 5, the directors declare a 16% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock’s market value is $35 per share on February 5 before the stock dividend. The stock’s market value is $30 per share on February 28. Compute the total market value of the investor’s shares in part 2 as of February 5 and February 28. (Round your "Dividend per Preferred Share" answers to 2 decimal places.)

Reference no: EM131206577

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