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Please explain how to solve the missing values Im stuck P11-11 (Algo) Comparing Cash Dividends, Stock Dividends, and Stock Splits L011-4, 11-6, 11-9 Just prior
Please explain how to solve the missing values Im stuck
P11-11 (Algo) Comparing Cash Dividends, Stock Dividends, and Stock Splits L011-4, 11-6, 11-9 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 2 decimal places. Case 1: The board of directors declared a cash dividend of $0.02 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 $22 per shareStep by Step Solution
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