September 2023 Listed below is the current data for ABC Company ABC Company Balance Sheet December 31 20xx Assets Liabilities
2024 Week 06 Problems Principles of Finance Assignment Help
Listed below is the current data for ABC Company ABC Company Balance Sheet December 31 20xx Assets Liabilities 2023
Listed below is the current data for ABC Company: ABC Company Balance Sheet December 31, 20xx Assets Liabilities and Equity Cash $10,000,000 Accounts Payable $20,000,000 Accounts Receivable 250,000,000 Long-term debt 400,000,000 Inventory 120,000,000 Common Stock ($10 par, 1,000,000 outstanding) 10,000,000 Plant and Equipment 325,000,000 Paid-in capital 90,000,000 Retained Earnings 185,000,000 Total $705,000,000 Total $705,000,000 The current price of a stock is $58 per share. Required: Construct a balance sheet after a two for one stock split. What will be the new price of the stock? (Problem 1 tab) Construct a balance sheet after a 5% stock dividend. What is the new price of the stock? (Problem 2 tab) Construct a balance sheet after a one for two reverse stock split. What is the new price of the stock? (Problem 3 tab) Construct a balance sheet after a $3 per share cash dividend. What is the total cash dividend?