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The condensed balance sheet of Sheridan Corporation reports the following SHERIDAN CORPORATION Balance Sheet (partial) June 30, 2021 Total assets Liabilities and shareholders' equity
The condensed balance sheet of Sheridan Corporation reports the following SHERIDAN CORPORATION Balance Sheet (partial) June 30, 2021 Total assets Liabilities and shareholders' equity Total liabilities Shareholders' equity $12.050.000 $4.533.000 Common shares, unlimited number authorized. 439.000 issued Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 2.195,000 5,322,000 7.517,000 $12,050,000 The market price of the common shares is currently $30 per share. Sheridan wants to assess the impact of three possible alternatives on the corporation and its shareholders. The alternatives are: ustafa $1.24.per share cash dividend
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