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How would each of these accounts appear

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Reference no: EM132946087

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

Cash $25,000,000

Common stock ($60 par; 1,500,000 shares outstanding) 90,000,000

Additional paid-in capital 10,500,000

Retained earnings 59,000,000

How would each of these accounts appear after:

A. a cash dividend of $2 per share? Rou

B. a 6 percent stock dividend (fair market value is $120 per share)?

C. a one-for-three reverse split?

Reference no: EM132946087

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