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Who does this exercise, can you please give a detail of how you got to the numbers? Thank you so much! A firm's balance sheet
Who does this exercise, can you please give a detail of how you got to the numbers? Thank you so much!
A firm's balance sheet has the following entries: Cash Total liabilities Common stock ($5 par; 1,100,000 shares outstanding) Additional paid-in capital Retained earnings What will be each of these balance sheet entries after: $11,000,000 28,000,000 5,500,000 1,100,000 46,000,000 a. a four-for-one stock split? Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar. Cash $ Total liabilities $ par; shares outstanding) $ Common stock ($ Additional paid-in capital Retained earnings $ $ b. a $1.25 per share cash dividend? Use the original balance sheet from the problem statement. Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar. $ $ Cash Total liabilities Common stock ($ Additional paid-in capital Retained earnings par; shares outstanding) $ $ $ c. a 10 percent stock dividend (current price of the stock is $13 per share)? Use the original balance sheet from the problem statement. Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar. $ $ Cash Total liabilities Common stock ($ Additional paid-in capital Retained earnings par; shares outstanding) $ $ $Step by Step Solution
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