Question
On October 31, the equity section of Ivanhoe AG consists of share capitalordinary CHF630,000 and retained earnings CHF905,000. Ivanhoe is considering the following two courses
On October 31, the equity section of Ivanhoe AG consists of share capitalordinary CHF630,000 and retained earnings CHF905,000. Ivanhoe is considering the following two courses of action: (1) declaring a 10% share dividend on the 63,000, CHF10 par value shares outstanding, or (2) effecting a 2-for-1 share split that will reduce par value to CHF5 per share. The current market price is CHF15 per share. Prepare a tabular summary of the effects of the alternative actions on the components of equity, outstanding shares, and par value per share.
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please fill the table and make sure the answer is correct 100%
Before Action After Share Dividend After Share Split Equity Share capital-ordinary CHF CHF CHF Share premium-ordinary Retained earnings Total equity CHE CHF CHF Outstanding shares Par value per share CHE CHF CHF
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