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Riverbed Company provides you with the following condensed balance sheet information. Assets Current assets $72,000 Equity investments (Liquid Co stock; 38,000 shares at cost) 117,800
Riverbed Company provides you with the following condensed balance sheet information. Assets Current assets $72,000 Equity investments (Liquid Co stock; 38,000 shares at cost) 117,800 Equipment (net) 188,000 Intangibles 88,000 Total assets $465,800 Liabilities and Stockholders' Equity $119,000 Current and long-term liabilities Stockholders' equity $40,000 Common stock ($1 par) Paid-in capital in excess of par 189,000 Retained earnings 117,800 346,800 Total liabilities and stockholders' equity $465,800 For each transaction below, indicate the dollar impact (if any) on the following five items: (1) total assets, (2) common stock, (3) paid-in capital in excess of par, (4) retained earnings, and (5) stockholders' equity. (Each situation is independent.) (a) Riverbed declares and pays a $0.25 per share cash dividend. (a) Riverbed declares and pays a $0.25 per share cash dividend. (1) Total assets
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