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Green Day Co Case Study Essay Preview: Green Day Co Case Study Report this essay Green Day Co has 400,000 C/S $10 par value shares outstanding. Company declared a 5% stock dividend when the market price of stock = $65/shareJ/E – Date of declaration20,000 shares x $65 = $ 1,300,000R/E 1,300,000 C/S div distributable APIC 1,100,000J/E —.