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please help Company Fis now having $2million extra cash on hand and decides to distribute this amount to shareholders. The current outstandi ng shares of
please help
Company Fis now having $2million extra cash on hand and decides to distribute this amount to shareholders. The current outstandi ng shares of this company is 0.5 million shares and the current price is $16/share. Please explain the outcomes if company F decides t o distribute out all $2million to shareholders with (1)cash dividend, (2)share repurchase, and (3) stock dividend of 20%. what would b e the change on the existing share numbers and share price, respectivelyStep by Step Solution
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