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please answer all parts Cash versus stock dividend Milwaukee Tool has the following stockholders' equity account. The firm's common stock currently sells for $3.33 per

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Cash versus stock dividend Milwaukee Tool has the following stockholders' equity account. The firm's common stock currently sells for $3.33 per share. Preferred stock Common stock (300,000 shares at $0.97 par) Paid-in capital in excess of par Retained earnings Total stockholders' equity $ 95,000 291,000 184.000 350,000 $920,000 a. Show the effects on the firm of a cash dividend of $0.10 per share. b. Show the effects on the firm of a 5% stock dividend. c. Compare the effects in parts a and b. What are the significant differences between the two methods of paying dividends? a. The balance in preferred stock after the $0.10 cash dividend is $ (Round to the nearest dollar.)

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