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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?
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It's a small amount of money which is used for initial market research or product development for a new venture.
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