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Squash Delight Inc., has the following balance sheet: The firm's stock sells for $16 a share. Show the effect on the capital accounts of a
Squash Delight Inc., has the following balance sheet: The firm's stock sells for $16 a share. Show the effect on the capital accounts of a two-for-one stock split. (Do not round intermediate calculations and round your answers to the nearest whole dollar.) Show the effect on the capital accounts of a 10 percent stock dividend. Part b is separate from part a. In part b do not assume the stock split has taken place. (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? Stock split Stock dividend
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