Description of this paper

Firm A had the following selected items on its balance sheet

Description

solution


Question

Question;Firm A had the following selected items on its balance sheet:Cash $ 20,000,000Inventory 134,000,000Notes Payable to bank 31,500,000Common stock ($10 par,,000,000 shares outstanding)31,500,000Retained earnings 98,500,000Describe how each of these accounts would appear after the following:a. a cash dividend of $1 per share?b. a 10 percent stock dividend (fair market value is $13 pershare)?c. a 3-for-1 splitD. a 1-for-2 reverse stock split

 

Paper#44213 | Written in 18-Jul-2015

Price : $22
SiteLock