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Ridgewood Inc. is considering one of the three f for-1 stock split. The current share price is $ 14 per share book ollowing courses of

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Ridgewood Inc. is considering one of the three f for-1 stock split. The current share price is $ 14 per share book ollowing courses of action: ( 1) paying a $ 0.50 cash dividend, (2) distributing a 5% stock dividend or effecting a 2- Help Ridgewood make its decision by completing the following chart (treat each possibility independently) After Cash Dividend After Stock Dividend After Stock Split Total assets Total liabilities Shareholders' equity Before Action $ 1,196,000 243,000 Common shares Retained earnings Total shareholders' equity Total liabilities and shareholders' equity Number of common shares 647.000 06.000 953,000 1,196000 00,000

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