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Business, 09.07.2019 03:10 Brennen432

Squash delight inc. has the following balance sheet: assets cash $ 45,000 accounts receivable 295,000 fixed assets 772,000 total assets $ 1,112,000liabilities accounts payable $ 296,000 notes payable 54,000 common stock (100,000 shares @ $2 par) 200,000 capital in excess of par 100,000 retained earnings 462,000 total liabilities & owners' equity $ 1,112,000the firm’s stock sells for $14 a share. a. show the effect on the capital accounts of a two-for-one stock split. (do not round intermediate calculations and round your answers to the nearest whole dollar.) common stock $ capital excess of par $ retained earnings $ total equity $ b. show the effect on the capital accounts of a 10 percent stock dividend. part b is separate from part a. in part b do not assume the stock split has taken place. (do not round intermediate calculations and round your answers to the nearest whole dollar.) common stock $ capital excess of par $ retained earnings $ total equity $ c. based on the balance in retained earnings, which of the two dividend plans is more restrictive on future cash dividends? stock dividendstock split

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Squash delight inc. has the following balance sheet: assets cash $ 45,000 accounts receivable 295,00...
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