Stock splits the debt and equity section of the robson, Financial Management

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Stock splits the debt and equity section of the robson

(Stock splits) The debt and equity section of the Robson Corporation balance sheet is shown here. The current market price of the common shares is $20. Reconstruct the financial statement assuming that (a) a 15 percent stock dividend is issued and (b) a 2-for-1 stock split is declared.

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Financial Management: Stock splits the debt and equity section of the robson

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