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Ace Products sells marked playing cards to blackjack deaiers, thes not paid a tavidend n mary yests, but a curtenty.contemplatiry] some wint of tividend. The

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Ace Products sells marked playing cards to blackjack deaiers, thes not paid a tavidend n mary yests, but a curtenty.contemplatiry] some wint of tividend. The capitat accounts for the firm are ss foliews: "The increase in captal in eucess of par os a result of a stock dividend is equal to the new shares created times { Market price - Par wathel The company's stock is seling for 510 per share. The company had totst earnings of 53,000,000 during the year. With 3,000,000 outstonding, earnings per share were 51. The firm hiss a PiE fatio of 10. adjustments would have to be made to the capital accounts rcent stock dividend? Show the new capial accounts Tweset round intermediate calculations. Input your answers in dc. iitlons (0.9.51,230,000),1) b. What adjustments would be made to EPS and the stock peice? (Assume the Pit ratio remains constant) (Do not round lntermedite calculations ard round your answers to 2 decimal places.) b. What adjustments would be made to EPS and the stock price? (Assume the P/E ratic Jonstant) (Do not round intermediate calculations and round your answers to 2 decimal places.) c. How many shares would an investor end up with if he or she originally had 140 shares? (Do not round intermediate calculations and round your answer to the nearest whole share.) d. What is the investor's total investment worth betiore and after the stock dividend if the P/E ratio remains constant? (Do not round intermediate calculations and round your answers to the nearest whole dollar.)

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