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Consider the following assumed transactions of Burlington Corporation. i. (Click the icon to view the transactions) Requirement million as 10,000,000. For transactions that have no
Consider the following assumed transactions of Burlington Corporation. i. (Click the icon to view the transactions) Requirement million as 10,000,000. For transactions that have no effect on total stockholders' equity, enter a "0" in the Amount column.) More info a. Declaration of cash dividends of $78 million. b. Payment of the cash dividend in (a). c. A 20% stock dividend. Before the dividend, 74 million shares of $1.00 par common stock were outstanding; the market value was $12.87 at the time of the dividend. d. A 40% stock dividend. Before the dividend, 74 million shares of $1.00 par common stock were outstanding; the market value was $13.75 at the time of the dividend. e. Purchase of 1,500 shares of treasury stock (par value $1.00 ) at $15.00 per share. f. Sale of 600 shares of the treasury stock for $17.00 per share. Cost of the treasury stock was $15.00 per share. g. A 3 -for-1 stock split. Prior to the split, 74 million shares of $1.00 par common stock were outstanding
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