1). ABC Company had the following accounts on the balance sheet: a. Cash b. Common...
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1). ABC Company had the following accounts on the balance sheet: a. Cash b. Common stock ($10 par; 2 million shares outstanding) c. Additional paid-in-capital d. Retained earnings $25 million $20 million $10 million $62 million How would each of these accounts appear after: a. A cash dividend of $1 per share? b. A5% stock dividend (market value of stock is $40 per share)? C. A two-for-one stock split? d. A one-for-two stock split? A. Cash Common stock Additional paid in capital Retained earnings B. Cash Common stock Additional paid in capital Retained earnings Stock price C. Cash Common stock Additional paid in capital Retained earnings Stock price D. Cash Common stock Additional paid in capital Retained earnings Stock price Please show your work on the back of this page or on a separate page
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