Requirement a. At what price would you expect the shares to trade after either transaction? Explain with calculations.

The stock dividend or stock split would (decrease/increase) the number of shares by () %. Consequently, the price per share after a stock dividend or stock split would be (higher compared to / lower compared to / equal to) the price per share before a stock dividend or stock split.

Use these options to fill in the blanks at the top, and enter the amount at the bottom:

Options for part b are:

equity section of the balance sheet is as follows: \begin{tabular}{lrr} Common shares, no par, 12,000,000 shares issued and outstanding & $108,000,000 \\ Retained earnings & $130,000,000 \\ \hline Total shareholders' equity & $238,000,000 \\ \hline \end{tabular} Now, determine the formula to compute the price per share after either transaction and then enter the amounts and compute the price per share. (Abbreviation: No.=Number) Book value of common shares Market value of common shares No. of common shares after either transaction No. of common shares before either transaction Requirement b. Show what the equity section of the balance sheet for Maple would look like after the stock dividend or stock split. Complete the equity section of the balance sheet after the stock dividend. (Leave unused cells blank.) Shareholders' equity: Total shareholders' equity Now, complete the equity section of the balance sheet after the stock split. (Leave unused cells blank.) Shareholders' equity: Total shareholders' equity Common shares, 12,000,000 issued and outstanding Common shares, 18,000,000 issued and outstanding Retained earnings Treasury shares, 6,000,000 Before the stock dividend or stock split After the stock dividend or stock split