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OCR eBook Problem 10-06 A firm's balance sheet has the following entries: Cash Total liabilities Common stock ($5 par; 1,600,000 shares outstanding) Additional paid in

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OCR eBook Problem 10-06 A firm's balance sheet has the following entries: Cash Total liabilities Common stock ($5 par; 1,600,000 shares outstanding) Additional paid in capital Retained earnings What will be each of these balance sheet entries after: $ 5,000,000 28,000,000 8,000,000 800,000 40,000,000 a. a three-for-one stock split? Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number and the other answers to the nearest dollar $ $ Cash Total liabilities Common stock ($ par; shares outstanding) Additional paid-in capital Retained earnings 3 b. a $0.75 per share cash dividend? Use the original balance sheet from the problem statement. Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar Cash Total liabilities Common stock (s par: shares outstanding) Additional pald-in capital Retained eamings X a. a three-for-one stock split? Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other wers to the nearest dollar Cash $ Total liabilities $ Common stock ($ par; shares outstanding) $ Additional pald-in capital Retained earnings $ b. a $0.75 per share cash dividend? Use the original balance sheet from the problem statement. Round the par value to the nearest cent, the number of share outstanding to the nearest whole number, and the other answers to the nearest dollar. $ $ Cash Total liabilities Common stock ($ Additional pald-in capital Retained earnings par: shares outstanding) $ $ c. a 10 percent stock dividend (current price of the stock is $15 per share)? Use the original balance sheet from the problem statement. Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar, Cash Total liabilities Common stock ($ Additional paid-In capital Retained earnings par: shares outstanding) $ $ $ $ $

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