firm a had the following selected items on its balance sheer. cash $ 28,000,000 common stock($50 por 2,000,000 shares oustanding 100,000,000 additional paid-in capital 10,000,000 retained earnings 62,000,000 how would each of these accounts appear after a cash divinded of $1 per share? a 5 percent stock dividend(fair market value is $100 pers share)? a one for two reverse split?
firm a had the following selected items on its balance sheer. cash $ 28,000,000 common stock($50 por 2,000,000 shares oustanding 100,000,000 additional paid-in capital 10,000,000 retained earnings 62,000,000 how would each of these accounts appear after a cash divinded of $1 per share? a 5 percent stock dividend(fair market value is $100 pers share)? a one for two reverse split?
Chapter15: Dividend Policy
Section: Chapter Questions
Problem 5P
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firm a had the following selected items on its balance sheer.
cash $ 28,000,000
common stock($50 por 2,000,000 shares oustanding 100,000,000
additional paid-in capital 10,000,000
how would each of these accounts appear after
a cash divinded of $1 per share?
a 5 percent stock dividend(fair market value is $100 pers share)?
a one for two reverse split?
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