Firm A had the following selected items on its balance sheet: Cash $ 28,000,000 Common...
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Accounting
Firm A had the following selected items on its balance sheet: Cash $ 28,000,000 Common stock ($50 par; 2,000,000 shares outstanding)100,000,000 Additional paid-in capital 10,000,000 Retained earnings 62,000,000 How would each of these accounts appear after: a. a cash dividend of $1 per share? b. a 5 percent stock dividend (fair market value is $100 pershare)? c. a one-for-two reverse split?
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