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Squash Delight Incorporated has the following balance sheet: The firm's stock sells for $ 1 2 a share. a . Show the effect on the
Squash Delight Incorporated has the following balance sheet:
The firm's stock sells for $ a share.
a Show the effect on the capital accounts of a twoforone stock split.
Note: Do not round intermedlate calculatlons and round your answers to the nearest whole dollar.
b Show the effect on the capital accounts of a percent stock dividend. Part is separate from part In part do not assume the
stock splt has taken place.
Note: Do not round intermedlate calculations and round your answers to the nearest whole dollar.
c Based on the balance in retained earnings, which of the two dividend plans is more restrictive on future cash dividends?
Stock spilt
Stock dividend
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