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Book Problem 10-08 A firm has the following balance sheet: Assets Liabilities and Equity Cash $ 10,000 Accounts payable $ 10,000 Accounts receivable 159.000 Long-term

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Book Problem 10-08 A firm has the following balance sheet: Assets Liabilities and Equity Cash $ 10,000 Accounts payable $ 10,000 Accounts receivable 159.000 Long-term det 117.000 Inventory 76,000 Common stock 8 par 40,000 5,000 shares outstanding) Plant and equipment 230,000 Additional pidin capital 159,000 Retained earnings 149,000 1475.000 $475,000 a. Construct a new balance sheet showing the impact of a four-for-ne pit. If the current market price of the stock is what is the price after the spat? Round the per value and the tree after the salt to the nearestent, the number of shares outstanding to the nearest whole number and the other answers to the nearest dollar Assets Liabilities and Equity Cash Accounts payable Accounts receivable Long term det Inventory Common stock ( shares outstanding Additional din Capital Retained earning Pant and equipmen $ $ + Price of the common Moher the split Constructa new balance sheet showing the impact of a 10 percent stock vidend. Aller the stock dividend, what is the price of common the organe them the problem statement Round the par value and the market price for the stock dividend to the nearestent, the number of shares outstanding to the nearest where and the others End-of-Chapter Problems - The Features of Stock after the soit to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest coltar Assets Liabilities and Equity Cash $ Accounts payable $ Accounts receivable $ Long-term debt $ Inventory Common stocks $ par; shares outstanding) Plant and equipment $ Additional pwd.in capital Retained earnings $ $ Price of the common stock after the split b. Construct a new balance sheet showing the impact of a 10 percent stock dividend. After the stock dividend, what the new price of the common stock? Use the original balance sheet from the problem statement. Round the par value and the market price her the stock dividend to the nearest cent, the number of shares outstanding to the nearest whole number and the other answers to the rest dollar Assets Liabilities and Equity 5 Accounts payable Accounts receivable 5 Long-term debet Inventory $ Common stock ar $ Plant and openent outstanding) Aditional pald-in capital Retained earnings Price of the common stock after the stock dividend

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