A firm's balance sheet has the following entries:

Cash	$	7,000,000
Total liabilities		34,000,000
Common stock ($6 par; 2,600,000 shares outstanding)		15,600,000
Additional paid-in capital		1,300,000
Retained earnings		38,000,000

What will be each of these balance sheet entries after:

 

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A firm's balance sheet has the following entries: Cash Total liabilities Common stock ($6 par; 2,600,000 shares outstanding) Additional paid-in capital Retained earnings What will be each of these balance sheet entries after: a. a four-for-one stock split? Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar. Cash Total liabilities Common stock ($ Additional paid-in capital Retained earnings Cash Total liabilities Common stock ($ Additional paid-in capital Retained earnings par; b. a $1.75 per share cash dividend? Use the original balance sheet from the problem statement. Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar. Cash Total liabilities Common stock ($ Additional paid-in capital Retained earnings $ 7,000,000 34,000,000 15,600,000 1,300,000 38,000,000 par; shares outstanding) par; shares outstanding) $ $ $ S $ c. a 10 percent stock dividend (current price of the stock is $13 per share)? Use the original balance sheet from the problem statement. Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar. shares outstanding) $ $ $ $ $ $ $ $ $ $ A firm's balance sheet has the following entries: Cash Total liabilities Common stock ($6 par; 2,600,000 shares outstanding) Additional paid-in capital Retained earnings What will be each of these balance sheet entries after: a. a four-for-one stock split? Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar. Cash Total liabilities Common stock ($ Additional paid-in capital Retained earnings Cash Total liabilities Common stock ($ Additional paid-in capital Retained earnings par; b. a $1.75 per share cash dividend? Use the original balance sheet from the problem statement. Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar. Cash Total liabilities Common stock ($ Additional paid-in capital Retained earnings $ 7,000,000 34,000,000 15,600,000 1,300,000 38,000,000 par; shares outstanding) par; shares outstanding) $ $ $ S $ c. a 10 percent stock dividend (current price of the stock is $13 per share)? Use the original balance sheet from the problem statement. Round the par value to the nearest cent, the number of shares outstanding to the nearest whole number, and the other answers to the nearest dollar. shares outstanding) $ $ $ $ $ $ $ $ $ $

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ANSWER a After a fourforone stock split Balance Sheet Entry Amount Cash ... View the full answer