The following note related to equity was reported in Wiebold, Inc.s (USA) annual report. On February 1,
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(a) What is the significance of the date of record and the date of distribution?
(b) Why might Weibold have declared a 3-for-2 for share split?
(c) What impact does Wiebold’s share split have on?
(1) Total equity,
(2) Total par value,
(3) Outstanding shares,
(4) Book value per share?
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Related Book For
Intermediate Accounting
ISBN: 978-0470616314
IFRS edition volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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