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The condensed statement of financial position of Marx Corporation reports the following amounts: Drop Down options are: Increase Decrease No Effect. The condensed statement of

The condensed statement of financial position of Marx Corporation reports the following amounts:

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Drop Down options are:

Increase

Decrease

No Effect.

The condensed statement of financial position of Marx Corporation reports the following amounts: MARX CORPORATION Statement of Financial Position (partial) June 30, 2018 Total assets Total liabilities Shareholders' equity $16,655,000 $ 6,290,000 Common shares, unlimited number authorized, 391,000 issued Retained earnings $1,955,000 8.410.000 10.365.000 Total liabilities and shareholders' equity 16,655,000 The common shares are currently trading for $ 30 per share. Marx wants to assess the impact of three possible alternatives: 1. Payment of a $1.50 per share cash dividend 2, Distribution of a 5% stock dividend 3. A 3-for-2 stock split (a) Determine the impact of the above alternatives on the following. Cash Dividend Stock Dividend Stock Split (1) Assets (2) Liabilities (3) Common shares 4) Retained earnings (5) Total shareholders' equity (6) Number of shares

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