A+ answers of the following questions
1. On December 31, 2006, the stockholders’ equity section of Clark, Inc., was as follows: Common stock, par value $10; authorized 30,000 shares; issued and outstanding 9,000 shares $ 90,000 Additional paid-in capital 116,000 Retained earnings 174,000 Total stockholders’ equity $380,000 On March 31, 2007, Clark declared a 10% stock dividend, and accordingly 900 additional shares were issued, when […]