Granger Inc. is considering one of the three following courses of action: (1) paying a $0.50 cash dividend, (2) distributing a 6% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $13 per share. Help Granger make its decision by completing the following chart (treat each possibility independently):

Exercise 11-6 Granger Inc. is considering one of the three following courses of action: (1) paying a $0.50 cash dividend, (2) distributing a 6% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $13 per share. Help Granger make its decision by completing the following chart (treat each possibility independently): Before Action After Cash Dividend After Stock Dividend After Stock Split Total assets $1,138,000 Total liabilities $258,000 Shareholders' equity Common shares 616,000 Retained earnings 264,000 Total shareholders' equity 880,000 Total liabilities and shareholders' equity $1,138,000 Number of common shares 100,000 LINK TO TEXT Activate Windows Go to Settings to activate Windows