Ramos Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.00 per share. Common Stock, $5 par, 194,000 shares authorized, 143,000 shares issued and outstanding $715,000 Paid-In Capital in Excess of Par—Common 130,000 Retained Earnings 301,000 Total Stockholders' Equity $1,146,000 After the declaration and distribution of a 12% stock dividend, what is the total number of common shares issued?

Ramos Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.00 per share. Common Stock, $5 par, 194,000 shares authorized,...

Ramos Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.00 per share.

Common Stock, $5 par, 194,000 shares authorized, 143,000 shares issued and outstanding	$715,000
Paid-In Capital in Excess of Par—Common	130,000
Retained Earnings	301,000
Total Stockholders' Equity	$1,146,000

After the declaration and distribution of a 12% stock dividend, what is the total number of common shares issued?

Jun 09, 2022