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Please I need help with this question. Gullumber Inc: is considering one of three ontions: (1) paying a 50,47 cash dividend, (2) distributing a 40
Please I need help with this question.
Gullumber Inc: is considering one of three ontions: (1) paying a 50,47 cash dividend, (2) distributing a 40 stock dividend, or (3) effecting a 3-for-1 stock split. The current fait s is 515 per share. Indicate the finaricial impact on the financial statement items listed of each action under conslderation (treat each possibility independently). Question 1 of 6 Total assets Total liabilities Commonstares 1.176,000 Retained earnings: Total shareholders' equity Total liabilities and sharcholders' equity Number of common shares 1,802,000626,000$1,883,00056,000 ETextbook and Media Attemper: 6 of 2 used Step by Step Solution
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