Firm A had the following selected items on its balance sheet: Cash $ 27,000,000...

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Accounting

Firm A had the following selected items on its balance sheet:
Cash $ 27,000,000
Common stock ($60 par; 1,600,000 shares outstanding)96,000,000
Additional paid in capital 11,200,000
Retained earnings 58,000,000
Part A: How would each of these accounts appear after: a cash dividend of $1.5 per share? Round the number of shares outstanding to the nearest whole number and the other answers to the nearest dollar.
find what the cash is
find the common stock price par and its shares outstanding
find the additional paid in capital
find the retained earning
Part B
Firm A had the following selected items on its balance sheet:
Cash $ 27,000,000
Common stock ($60 par; 1,600,000 shares outstanding)96,000,000
Additional paid in capital 11,200,000
Retained earnings 58,000,000
How would each of these accounts appear after a 6 percent stock dividend (fair market value is $120 per share)? Use the original balance sheet from the problem statement. Round the number of shares outstanding to the nearest whole number and the other answers to the nearest dollar.
find what the cash is
find the common stock price par and its shares outstanding
find the additional paid in capital
find the retained earning
Firm A had the following selected items on its balance sheet:
Cash $ 27,000,000
Common stock ($60 par; 1,600,000 shares outstanding)96,000,000
Additional paid in capital 11,200,000
Retained earnings 58,000,000
How would each of these accounts appear after: a one-for-two reverse split? Use the original balance sheet from the problem statement. Round the number of shares outstanding to the nearest whole number and the other answers to the nearest dollar.
find what the cash is
find the common stock price par and its shares outstanding
find the additional paid in capital
find the retained earning

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