Problem 10-04 Firm A had the following selected items on, its balance sheet: Cash Common...
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Problem 10-04 Firm A had the following selected items on, its balance sheet: Cash Common stock ($60 par; 1,200,000 shares outstanding) Additional paid-in capital Retained earnings How would each of these accounts appear 'after: $34,000,000 72,000,000 3,600,000 66,000,000 a. a cash dividend of $1 per share? Round the number of shares outstanding to the nearest whole number and the other answers to the nearest dollar. Cash $ par; shares outstanding) $ Common stock ($ Additional paid-in capital Retained earnings $ $ b. a 4 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 $ par; Cash Common stock ($ Additional paid-in capital Retained earnings shares outstanding) $ $ $ c. a one-for-three 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. $ par; shares outstanding) $ Cash Common stock ($ Additional paid-in capital Retained earnings $ $
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