Identify the

effectsboth

in the direction and the dollar

amountof

these assumed transactions on total shareholders' equity of a large corporation. Each transaction is independent.

(For accounts with no effect, leave the dollar value field blank.)

Effect

Dollar Value

a.

Declaration of cash dividends of $80 million

million

b.

Payment of the cash dividend declared

c.	10% stock dividend. Before the dividend, 69 million common shares were outstanding;
	the market price was $7.625 at the time of the dividend.

d.	A 50% stock dividend. Before the dividend, 69 million common shares were outstanding;
	the market price was $13.75 at the time of the dividend.

e.

Sale of 600 common shares for $5.00 per share

f.

A 3-for-1 stock split. Prior to the split, 69 million common shares were outstanding.

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