Question: b) Identify the effects both the direction and the dollar amount of the following assumed transactions on the total shareholders' equity of a large corporation.

 b) Identify the effects both the direction and the dollar amount

b) Identify the effects both the direction and the dollar amount of the following assumed transactions on the total shareholders' equity of a large corporation. Each transaction is independent a) Declaration of cash dividends of $80 million b) Payment of the cash dividend declared c) 10% stock dividend. Before the dividend, 69 million common shares were outstanding: d) the market price was $7.625 at the time of the dividend. e) A 50% stock dividend. Before the dividend, 69 million common shares were outstanding: f) the market price was $13.75 at the time of the dividend. g) Sale of 600 common shares for $5.00 per share h) A 3-for-1 stock split. Prior to the split, 69 million common shares were outstanding

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