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quash Delight Incorporated has the following balance sheet: Assets Cash $ 9 0 , 0 0 0 Accounts receivable 3 3 9 , 0 0
quash Delight Incorporated has the following balance sheet:
Assets
Cash $
Accounts receivable
Fixed assets
Total assets $
Liabilities
Accounts payable $
Notes payable
Common stock shares @ $ par
Capital in excess of par
Retained earnings
Total liabilities & owners' equity $
The firms stock sells for $ a share.
Show the effect on the capital accounts of a twoforone stock split.
Note: Do not round intermediate calculations and round your answers to the nearest whole dollar.
Show the effect on the capital accounts of a percent stock dividend. Part b is separate from part a In part b do not assume the stock split has taken place.
Note: Do not round intermediate calculations and round your answers to the nearest whole dollar.
Based on the balance in retained earnings, which of the two dividend plans is more restrictive on future cash dividends?
multiple choice
Stock split
Stock dividend
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