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Decrease, Increase, or No effect? The condensed statement of financial position of Pearl City Corporation reports the following amounts: The common shares are currently trading

Decrease, Increase, or No effect? image text in transcribedimage text in transcribed

The condensed statement of financial position of Pearl City Corporation reports the following amounts: The common shares are currently trading for $30 per share. Pearl City wants to assess the impact of three possible alternatives: 1. Payment of a $1.5 per share cash dividend 2. Distribution of a 5% stock dividend 3. A3-for-2 stock split (a) Determine the impact of the above alternatives on the following

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