The debt and equity section of the TOTAL Group balance sheet is shown here (in million euros).

Question:

The debt and equity section of the TOTAL Group balance sheet is shown here (in million euros). The current market price of the common shares is €200. Reconstruct the financial statement assuming that

(a) a 10 percent stock dividend is issued and

(b) a 4-for-1 stock split is declared.

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Foundations Of Finance

ISBN: 9781292155135

9th Global Edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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Question Posted: Feb 21, 2024 05:01 AM

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The debt and equity section of the TOTAL Group balance sheet is shown here (in million euros).

Question:

Debt Common equity Par (10; 615 million shares) Paid-in capital Retained earnings 14,175 6,150 21,150 18,950 60.425

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Answer To reconstruct the financial statement after the stock dividend and stock split lets calculat...View the full answer

Foundations Of Finance

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