Stock dividends and stock splits the debt and equity, Finance Basics

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Stock dividends and stock splits the debt and equity

Question: (Stock dividends and Stock splits) The debt and equity section of the TOTAL Group balance sheet is shown here (in million euros). The current market price of the common shares is €200. Reconstruct the financial statement assuming that (a) a 10 percent stock dividend is issued and (b) a 4-for-1 stock split is declared

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Finance Basics: Stock dividends and stock splits the debt and equity

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