2019 T2Q1_ Question 1 (Marks: 15) The management of Echo Ltd has supplied you with the following information: R Retained Earnings 900000 Ordinary Shares (R12 per ordinary share) 4800000 Total shareholders equity 5700000_ Hint: Use the table below for Q.1.1 Question Split No. shares Value per Total book value Impact on Type after split {:[" share after "],[" of ordinary "],[" split "]:} {:[" shares after split "],[" shareholders' "],[" equity "]:} R_ R_ REQUIRED: Q.1.1 Using the table provided above, indicate the change expected on shareholders equity if the company declares: Q.1.1.1 a twelve-for-four-share split; Q.1.1.2 a eight-for-ten reverse share split; Q.1.1.3 a fifteen-for-eight share split. Q.1.2 Briefly explain what a stable dividend plus bonus divid