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The owners equity accounts for hexagon international are shown here:

Common stock ($1 par value)       $40,000

Capital surplus                              $155,000

Retained earnings                        $538,400

Total owners equity                       $733,400

A) If the company's stock currently sells for $39 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change.

B) If the company declared a 25 percent stock dividend, how would the accounts change?

Please show your work for part A and B

for the company above, show how he equity accounts will change if:

C) the company declares a four-for-one stock split. how may shares are outstanding now? what is the new par value per share?

D) the company declares a one-for-five reverse stock split. how many shares are outstanding now? what is the new par value per share?

please show your work

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92061097

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