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Sheridan Inc. is considering one of the three following courses of action: (1) paying a $0.60 cash dividend. (2) distributing a 6% dividend, or (3)
Sheridan Inc. is considering one of the three following courses of action: (1) paying a $0.60 cash dividend. (2) distributing a 6% dividend, or (3) effecting a 2 -for-1 stock split. The current share price is $12 per share. Help Sheridan make its decision by completing the following table (treat each possibility independently). (2) (3) After Stock Dividend After Stock Split =$$ $$ $ $
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