Reference no: EM13907283
A firms balance sheet has the following entries:
cash $10,000,000
Total balances 30,000,000
additional paid-in capital 3,000,000
Common stock ($5 par; 2,000,000 shares outstanding) 10,000,000
Retained earnings 42,000,000
what will be each of these blance sheet entries after:
a. a three-for-one stock split?
b. a $1.25 per share cash dividend?
c. a 10 percent stock dividend (current price of the stock is $15 per share)?
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