Question: please assist eith a & b P16-9 (similar to) Question Help (Cash dividends) Marshall Pottery Bam is a privately owned importer of Mexican pottery and

please assist eith a & b  please assist eith a & b P16-9 (similar to) Question Help
(Cash dividends) Marshall Pottery Bam is a privately owned importer of Mexican

P16-9 (similar to) Question Help (Cash dividends) Marshall Pottery Bam is a privately owned importer of Mexican pottery and garden supplies. The firm plans on paying a $1.43 per share dividend on each of its 5.000 shares of common stock. The firm's most recent balance sheet just before payment of the dividend looks like the following: a. What would happen to the firm's balance sheet after payment of the cash dividend? b. Ythe above balance sheet also represented market values (as well as book values), how would it change following the payment of the cash dividend? a. What would happen to the firm's balance sheet after payment of the cash dividend? The accounting entry would be: (Select from the drop down menus and round to the nearest dollar) 0 Data Table Cash 17,900 21,800 5,100 Accounts receivable 21,700 30,800 Inventories Accounts payable Notes payable Current liabilities Long-term debt Equity Total Current assets Fixed assets 70,400 129.500 199,900 26,900 33,900 139, 100 199.900 Total assets Print Done

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