Please show answers as they would appear in the table above Required Information

Question

Please show answers as they would appear in the table above

Required Information Exercise 11-6 Stock dividends and per share book values LO P2 The following Information applies to the questions displayed below The stockholders' equity of TVX Company at the beginning of the day on February 5 follows Common stock-$28 par value, 158,8 shares authorized, 71,88 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders equity $1,428,88e 525,886 675, 88e $2,628,888 On February 5, the directors declare a 12% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $39 per share on February 5 before the stock dividend. The stock's market value is $35 per share on February 28. Exercise 11-6 Part 3 3. Compute the total market value of the Investor's shares In part 2 as of February 5 and February 28. February 5 February 28 Total market value of shares

Explanation / Answer

Total market value of shares: Feb-05 2769000 =71000*39 Feb-28 2783200 =71000*1.12*35

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