Problem 15-8 Riverbed Company provides you with the following condensed balance sheet information Assets Current...
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Problem 15-8 Riverbed Company provides you with the following condensed balance sheet information Assets Current assets Equity investments Equipment (net) Intangibles 43,300 57,600 248,800 62,900 $412,600 Total assets Liabilities and Stockholders Equity Current and long-term liabilities Stockholders' equity $94,100 Common stock ($5 par) Paid-in capital in excess of par Retained earnings 21,000 103,100 194,400 318,500 Total liabilities and stockholders' equity $412,600 For each transaction below, indicate the dollar impact (if any) on the following five items: (1) total assets, (2) common stock, (3) paid-in capital in excess of par, (4) retained earnings, and (5) stockholders' equity. (Each situation is independent.) (a) Riverbed declares and pays a $0.60 per share cash dividend. 1) Total assets 2) Common stock 3) Paid-in capital in excess of par 4) Retained eanings 5) Totalstockholders equity (b) Riverbed declares and issues a 10% stock dividend when the market price of the stock is $14 per share ) Total assets 2) Common stock 3) Paid-in capital in excess of par 4) Retained eanings (5) Total stockholders' equity (c) Riverbed declares and issues a 30% stock dividend when the market price of the stock is $15 per share. (1) Total assets (2) Common stock (3) Paid-in capital in excess of par (4) Retained earnings (5) Total stockholders' equity (d) Riverbed declares and distributes a property dividend. Riverbed gives one share of its equity investment (ABC stock) for every two shares of Riverbed Company stock held. Riverbed owns 9,600 shares of ABC. ABC is selling for $11 per share on the date the property dividend is declared. (1) Total assets (2) Common stock (3) Paid-in capital inexcess of par (4) Retained earnings (5) Total stockholders' equity (e) Riverbed declares a 3-for-1 stock split and issues new shares. (1) Total assets (2) Common stock (3) Paid-in capital inexcess of par (4) Retained earnings (5) Total stockholders' equity
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