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P11-11 (Algo) Recording and Comparing Cash Dividends, Stock Dividends, and Stock Splits LO11-4, 11-6 ,11-9 On January 1, Biofuel Corporation had the following capital structure:
P11-11 (Algo) Recording and Comparing Cash Dividends, Stock Dividends, and Stock Splits LO11-4, 11-6 ,11-9 On January 1, Biofuel Corporation had the following capital structure: Required: Complete the table below for each of the three following independent cases (Round "Par per share" answers to 2 decimal places.): Case 1: The board of directors declared a cash dividend of $0.01 per share. Case 2: The board of directors declared and issued a 100 percent stock dividend when the stock was selling at $10 per share. Case 3: The board of directors announced a 2 -for-1 stock split. The market price prior to the split was $13 per share
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