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A firm's balance sheet has the following entries: Cash $15,000,000 Total liabilities 32,000,000 Common stock ($6 par; 2,100,000 shares outstanding) 12,600,000 Additional paid in capital
A firm's balance sheet has the following entries: Cash $15,000,000 Total liabilities 32,000,000 Common stock ($6 par; 2,100,000 shares outstanding) 12,600,000 Additional paid in capital 3,150,000 Retained earnings 47,000,000 What will be each of these balance sheet entries after: a. a two-for one stock split? Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar. par shares outstanding) s Total liabilities Common stock ($ Additional paid-in capital Retained earnings b. a $1.00 per share cash dividend? Use the original balance sheet from the problem statement. Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar. Cash S S par; Total liabilities Common stock ($ Additional paid-in capital Retained earnings shares outstanding) s 5 5 c. a 10 percent stock dividend (current price of the stock is $14 per share)? Use the original balance sheet from the problem statement, Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers the nearest dollar 5 Cash Total liabilities Common stock ($ Additional paid in capital Retained earnings par; shares outstanding) S
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