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Discuss independent cases involving stock transactions

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Reference no: EM131779819

On July 1, Jones Corporation had the following capital structure:

Required:

Complete the following table based on two independent cases involving stock transactions: (Round "per share" answers to 2 decimal places.)

Case 1: 

The board of directors declared and issued a 100 percent stock dividend when the stock price was $6 per share.

Case 2:

The board of directors voted a 2-for-1 stock split. The stock price prior to the split was $6 per share.

Reference no: EM131779819

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