Reference no: EM131306466
The owners equity accounts for hexagon international are shown here:
Common stock ($1 par value) $40,000
Capital surplus $155,000
Retained earnings $538,400
Total owners equity $733,400
A) If the company's stock currently sells for $39 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change.
B) If the company declared a 25 percent stock dividend, how would the accounts change?
Please show your work for part A and B
for the company above, show how he equity accounts will change if:
C) the company declares a four-for-one stock split. how may shares are outstanding now? what is the new par value per share?
D) the company declares a one-for-five reverse stock split. how many shares are outstanding now? what is the new par value per share?
please show your work
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