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Oriole Inc. is considering one of three options: (1) paying a $0.43 cash dividend (2) distributing a 6% stock dividend, or (3) effecting a 4-for-1

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Oriole Inc. is considering one of three options: (1) paying a $0.43 cash dividend (2) distributing a 6% stock dividend, or (3) effecting a 4-for-1 stock split. The current fair value is $16 per share. Help Oriole decide what to do by completing the following chart (treat each possibility independently): Before Action After Cash Dividend After Stock Dividend After Stock Split $1.921,000 $ $ 1.921000 $ 1.921.000 Total assets Total liabilities $69.000 $ $ $ Common shares 1.064.000 Retained earnings 788,000 Total shareholders equity 1,852000 Total Common shares 1.064.000 Retained earnings 788.000 Total shareholders equity 1852.000 Total Robilities and shareholders equity $1921,000 Number of common shares 56.000

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