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bellhaven corp currently has 16,000 shares outstanding that sell for $48 per share. the company plans...

bellhaven corp currently has 16,000 shares outstanding that sell for $48 per share. the company plans to issue a stock dividend of 12.5 percent. the stock has a par value of $2. what is the total capital surplus on the new shares?

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Answer #1

the total capital surplus on the New shares of Bellhaven Corp is $ 92,000 as detailed below

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