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Saved Just prior to the end of the fiscal year, Biofuel Corporation reported the following information: Common stock ($0.20 par value) Additional paid-in capital
Saved Just prior to the end of the fiscal year, Biofuel Corporation reported the following information: Common stock ($0.20 par value) Additional paid-in capital Retained earnings Treasury stock Cash flows from financing activities Required: $ 64,000 1,940,000 840,000 0 21,000 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 $12 per share. Case 3: The board of directors announced a 2-for-1 stock split. The market price prior to the split was $14 per share. Items Common stock account Par value per share i Shares outstanding Additional paid-in capital Retained eamings Total stockholders' equity NOV Before Any Dividends After Cash Dividend After Stock Dividend $ + S 64,000 0.2 $ 64.000 $ 0.20 $ 0.02 $ After Stock Split 64,000 0.02 $ 1,940,000 $ 1,940,000 $ 1,940,000 $ B40,000 $ 1,940,000 840,000 28 zoom < Prev 12 of 13 Next > He
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