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Roger Inc. is considering one of the three following courses of action: (1) paying a $0.50 cash dividend, (2) distributing a 6% stock dividend, or

Roger Inc. is considering one of the three following courses of action: (1) paying a $0.50 cash dividend, (2) distributing a 6% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $13 per share.

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Roger Inc. is considering one of the three following courses of action: (1) playing a $0.50 cash dividend, (2) distributing a 6% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $13 per share. Help Roger make its decision by completing the following chart (treat each possibility independently): After Cash After Elle-cl: Afber Before Actlen Dllrlderld Dlvldend Shock Split Total assets $1,138,000 $ $ $ Total liabilities $258,000 $ $ $ Sha reholders' equity Common shares 615.000 Retain ed earnings 264,000 Total shareholders' equity 880,000 Total liabilities and shareholders' equity $1,138.00!) $ $ $ Number of common shares 100,000

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