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3. Laskar Berhad has the following information regarding its company's net worth: Partial Balance Sheet of Laskar Berhad (RM) Common Stock (RM 1.50 par) 150,000,000

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3. Laskar Berhad has the following information regarding its company's net worth: Partial Balance Sheet of Laskar Berhad (RM) Common Stock (RM 1.50 par) 150,000,000 Preferred Stock 23,000,000 Paid in Capital 75,000,000 Retained Earnings 82.000.000 Total Equity 330,000,000 a. The company decides to announce 30 percent bonus issue to its shareholders. Show the effect on the balance sheet after the bonus issue occurs. The shares are currently trading at RM2.30. b. Instead of bonus issue, the company plans to have a 5 for 2 stock split. Find the new par value and number of shares outstanding Show the changes in the balance sheet ofLaskar Berhad after the stock split

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