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Firm A had the following selected items on its balance sheet: Cash $28,000,000 Common Stock...

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Finance

Firm A had the following selected items on its balance sheet: Cash $28,000,000 Common Stock $100,000,000 ($50 par, 2,000,000 shares outstanding) Additional paid-in-capital $10,000,000 Retained Earnings $62,000,000 How would each of these accounts appear after: a) A cash dividend of $1 per share b) A 5% stock dividend (fair market value is $100 per share)? c) A one-for-two reverse split?

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