80.2K

Verified Solution

Link Copied!

Problem 10-06 A fum's balance sheet has the following entries Cash $ 15,000,000 Total Isabilities 35,000,000 Common stock (55 par; 2,200,000 shares outstanding) 11,000,000 Additional paid in capital 2,200,000 Retained earrings 35,000,000 What will be each of these balance sheet entnes after aa four for one stock split? Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dolla $ Total liabilities $ Common stock 3 par 180000 shares outstanding) $ 510000 Additional paid in capital $ 360000 Retained earnings $ 75000 b. a $1.50 per share cash dividend? Use the original balance sheet from the problem statement Roued the pat value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar Cash $ Total liabilities $ Common stock par share outstanding $ Additional paid in capital $ Retained earnings 10 percent stock dividend (current price of the stockis 513 per share) Dve the oniona stance sheet from the problem statement. Round the pat value to the nearest cent, the number of shares outstanding to the nearest wole number and the other antwurs to the nearest dollar Cash ca 10 percent stock dividend (current price of the stock is $13 per share)? Use the orginal balance sheet from the problem statement. Round the par vote to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the rest dollar Casa 5 Total liabilities 5 Common stock per 5 Additional pai tapital 1 Betained ang

Answer & Explanation Solved by verified expert

See Answer