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1. The Waco Widget is planning to give a 6% stock dividend to its stockholders. The current stock price is $18.50. Based on the current

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1. The Waco Widget is planning to give a 6% stock dividend to its stockholders. The current stock price is $18.50. Based on the current equity accounts below, show the equity section of the balance sheet after the stock dividend. Common Stock ($3 par) Paid-In Capital Retained Earnings Total Capital 360,000 900,000 550,000 1,810,000 2. The Odessa Oxygen Co. has the following equity accounts: Common Stock ($1.80 par) Paid-In Capital Retained Earnings Total Equity $5.76 million $17.4 million $26 million 49.16 million The current stock price is $260. A. If the firm does a 9 for 2 stock split, what would the new stock price be? B. If an investor currently has 600 shares, how many will they have after the split? C. Show the equity accounts after the split

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