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Consider the following assumed transactions of Silva Corporation. (Click the icon to view the transactions) Requirement enter a 0 in the Amount column.)
Consider the following assumed transactions of Silva Corporation. (Click the icon to view the transactions) Requirement enter a " 0 " in the Amount column.) More info a. Declaration of cash dividends of $79 million. b. Payment of the cash dividend in (a) c. A 20% stock dividend. Before the dividend, 66 million shares of $1.00 par common stock were outstanding; the market value was $12.87 at the time of the dividend. d. A 25% stock dividend. Before the dividend, 66 million shares of $1.00 par common stock were outstanding; the market value was $19.75 at the time of the dividend. e. Purchase of 1,900 shares of treasury stock (par value $1.00 ) at $16.00 per share. f. Sale of 300 shares of the treasury stock for $17.00 per share. Cost of the treasury stock was $16.00 per share. g. A 2-for-1 stock split. Prior to the split, 66 million shares of $1.00 par common stock were outstanding
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