Squash Delight Incorporated has the following balance sheet:AssetsCash$ 90,000Accounts receivable307,000Fixed assets782,000Total assets$ 1,179,000LiabilitiesAccounts payable$ 284,000Notes...
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Finance
Squash Delight Incorporated has the following balance sheet:
Show the effect on the capital accounts of a two-for-one stock split.
Note: Do not round intermediate calculations and round your answers to the nearest whole dollar.
2. Show the effect on the capital accounts of a 10 percent stock dividend. Part b is separate from part a. In part b, do not assume the stock split has taken place.
Note: Do not round intermediate calculations and round your answers to the nearest whole dollar.
3. Based on the balance in retained earnings, which of the two dividend plans is more restrictive on future cash dividends?multiple choice
Stock dividend
Stock split
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