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In: Accounting

Why does the owners' equity value shown in a company's financial statement seldom equal the product...

Why does the owners' equity value shown in a company's financial statement seldom equal the product of the current market price per common share and the number of oustanding shares of the company's common stock?

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The owners’ equity accounts for Vidi International are shown here: Common stock ($.50 par value) $ 35,000 Capital surplus 320,000 Retained earnings 708,120 Total owners’ equity $ 1,063,120 a-1 If the company's stock currently sells for $20 per share and a 15 percent stock dividend is declared, how many new shares will be distributed? (Do not round intermediate calculations.) a-2 Show how the equity accounts would change. (Do not round intermediate calculations.) b-1 If instead the company declared a 25...
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The owners’ equity accounts for Overby International are shown here:    Common stock ($1 par value)...
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The owners’ equity accounts for Vidi International are shown here:      Common stock ($.40 par value)...
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