Homework Answers
| A | B | C | D | E | |
| 1 | Original Balances | After $0.05 per share cash dividend | If 5% stock dividend paid | If 4-for-1 stock-split | |
| 2 | Paid-in capital | $2,000,000.00 | $2,000,000.00 | $3,000,000.00 | $2,000,000.00 |
| 3 | Retained earnings | $10,000,000.00 | 9975000 | $9,000,000.00 | $10,000,000.00 |
| 4 | Total stockholders equity | $12,000,000.00 | $11,975,000.00 | $12,000,000.00 | $12,000,000.00 |
| 5 | Outstanding shares | 500000 | 500000 | 525000 | 2000000 |
| 6 | Par value per share | $2.00 | $2.00 | $2.00 | $0.50 |
| 7 | Market value per share | $40.00 | $40.00 | $40.00 | $10.00 |
Above figures have been calculated in the following manner:
| Original Balances | After $0.05 per share cash dividend | If 5% stock dividend paid | If 4-for-1 stock-split | |
| Paid-in capital | 2000000 | =B2 | =B2+(B5*5%*B7) | =B2 |
| Retained earnings | 10000000 | =B3-(B5*0.05) | =B3-(B5*5%*B7) | =B3 |
| Total stockholders equity | 12000000 | =C2+C3 | =D2+D3 | =E2+E3 |
| Outstanding shares | 500000 | =B5 | =B5+(B5*5%) | =B5*4 |
| Par value per share | 2 | =B6 | =B6 | =B6/4 |
| Market value per share | 40 | =B7 | =B7 | =B7/4 |
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