Question: E a . A 1 0 % stock dividend. Before the dividend, 5 4 0 comma 0 0 0 5 4 0 , 0 0

E
a.
A10% stock dividend. Before the dividend,
540 comma 000540,000
shares of
$ 5$5
par value common stock were outstanding; market value was
$ 8$8
per share at the time of the dividend.
b.
A2-for-1 stock split. Prior to the split,
76 comma 00076,000
shares of
$ 3$3
par value common stock were outstanding.
c.
Purchase of
1 comma 9001,900
shares of
$ 0.30$0.30
par treasury stock at
$ 6$6
per share.
d.
Sale of
200200
shares of
$ 0.90$0.90
par treasury stock for
$ 4$4
per share. Cost of the treasury stock was
$ 3$3
per share.

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