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On July 1 , Davidson Corporation had the following capital structure: Required: Complete the table below for each of the two following independent cases: Note:
On July Davidson Corporation had the following capital structure:
Required:
Complete the table below for each of the two following independent cases:
Note: Round "Par value per share" amounts to decimal places.
Case : The board of directors declared and issued a percent stock dividend when the stock was selling at $ per share.
Case : The board of directors announced a for stock split. The market price prior to the split was $ per share.
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