A firmrsquos balance sheet has the following entries cash, Ask an Expert

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A firm’s balance sheet has the following entries: Cash $30,000,000 Total assets 100,000,000 Common stock (10,000,000 20,000,000 Shares outstanding $2 par) Paid-in capital 5,000,000 Retained earnings 35,000,000 What will be each of these balance sheet entries after a 1. $2 a share cash dividend 2. Four for one split 3. 5 percent stock dividend (current price of the stock is $20)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91549278

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