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P 1 1 - 1 1 ( Algo ) Comparing Cash Dividends, Stock Dividends, and Stock Splits LO 1 1 - 4 , 1 1
PAlgo Comparing Cash Dividends, Stock Dividends, and Stock Splits LO
Just prior to the end of the fiscal year, Biofuel Corporation reported the following information:
Required:
Complete the table below for each of the three following independent cases:
Note: Round "Par per share" answers to decimal places.
Case : The board of directors declared a cash dividend of $ per share.
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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