Firm a had the following selected items on its balance

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Firm A had the following selected items on its balance sheet:

Cash	$28,000,000
Common stock ($50 par, 2,000,000 shares outstanding)	100,000,000
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 percent stock dividend (fair market value is $100 per share)?

c) A one-for-two reverse split?

Reference no: EM13477501

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