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Macaron Inc. is considering one of the three following courses of action: (1) paying a $0.5 cash dividend, (2) distributing a 6% stock dividend,

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Macaron Inc. is considering one of the three following courses of action: (1) paying a $0.5 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 Macaron make its decision by completing the following chart (treat each possibility independently): quity Before Action $1,138,000 $ $258,000 5 After Cash Dividend 1088000 208000 $ es 616,000 566000 ings 264,000 214000 After Stock Dividend After Stock Split ers' equity 880,000 830000 and shareholders' equity $1,138,000 $ 1088000 $ $ mon shares eTextbook and Media 100.000 50000

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