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Assume that you own 4,000 shares of Briant Incorporated's common stock and that you currently receive cash dividends of $0.7 per share per year. Required: a. If Briant Incorporated declared a 12% stock dividend, how many shares of common stock would you receive as a dividend? b. Calculate the cash dividend per share amount to be paid after the stock dividend that would result in the same total cash dividenc (as was received before the stock dividend). c. If the cash dividend remained at $0.7 per share after the stock dividend, what per share cash dividend amount without a stock dividend would have accomplished the same total cash dividend? d. Why might a company consider having a dividend policy of paying a $0.10 per share cash dividend every year and also issuing a 12% stock dividend every year? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. a. If Briant Incorporated declared a 12% stock dividend, how many shares of common stock would you receive as a dividend? b. Calculate the cash dividend per share amount to be paid after the stock dividend that would result in the same total cash dividend (as was received before the stock dividend). Note: Round your answer to 2 decimal places. c. If the cash dividend remained at $0.7 per share after the stock dividend, what per share cash dividend amount without a stock dividend would have accomplished the same total cash dividend? Note: Round your answer to 3 decimal places. avidena woula nave accompissnea the same total casn aividena? d. Why might a company consider having a dividend policy of paying a $0.10 per share cash dividend every year and also 12% stock dividend every year? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. a. If Briant Incorporated declared a 12% stock dividend, how many shares of common stock would you receive as a dividend? b. Calculate the cash dividend per share amount to be paid after the stock dividend that would result in the same total cash dividend (as was received before the stock dividend). Note: Round your answer to 2 decimal places. c. If the cash dividend remained at $0.7 per share after the stock dividend, what per share cash dividend amount without a stock dividend would have accomplished the same total cash dividend? Note: Round your answer to 3 decimal places

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