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The equity accounts for Hexagon International are as follows:
a. If Hexagon stock currently sells for $50 per share and a 20% stock dividend is declared, how many new shares will be distributed? How will the equity accounts change?b. What if Hexagon declares a two-for-one stock split? How many shares are outstanding? What is the par value per share? How will the equity accounts change?
The recent financial reform in the Public Sector that had been implemented in Fiji is essential. Critically evaluate this statement.
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