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On January 1, Biofuel Corporation had the following capital structure: Complete the table below for each of the three following independent cases: The board of
On January 1, Biofuel Corporation had the following capital structure: Complete the table below for each of the three following independent cases: The board of directors declared a cash dividend of $0.02 per share. The board of directors declared and issued a 100 percent stock dividend when the stock was selling at $10 per share. The board of directors announced a 2-for-1 stock split. The market price prior to the split was $10 per share
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