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1 Carla Vista Inc is considering one of three options: (1) paying a $0.57 cash dividend, (2) distributing a 4% stock dividend, or (3) effecting
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Carla Vista Inc is considering one of three options: (1) paying a $0.57 cash dividend, (2) distributing a 4% stock dividend, or (3) effecting a 3-for-1 stock split. The current fair value is $13 per share. Indicate the financial impact on the financial statement items listed of each action under consideration (treat each possibility independently). Indicate the financial impact on the financial statement items listed of each action under consideration (treat each possibility indeoendently Step by Step Solution
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