the stock dividend part needs to be done:

1) show the revised shareholder's equity section of the company's financials because of this stock dividend

2) what will be the impact on the earnings per share

*This is Sept 30,2022 assuming we did the transaction on July I" 3. Revised EPS = Net Income - Preferred Dividends / Weighted number of Shares Outstanding ($4,035,000,000$101,000,000)/(586,000,000+393,453)=$6.7088 The new revised EPS is approximately $6.71 4. The repurchase would be beneficial to the shareholders because they get $2.00 of profit of each share they sell back to the company, returning cash to the shareholders. This also will increase the earning per share for the shareholders and create demand to affect the share price. further increasing it. Additionally, the dilution created by the 50M worth of shares is reduced by half when the repurchase is completed. Stock dividend : If the board issues a stock dividend instead of a cash dividend of $.035 for every share outstanding after reacquiring these shares. 1. Show the revised sharcholder's equity section of the company's financials because of this stock dividend. 2. What will be the impact on the eamings per share? 1) Number of weighted average shares 586,000,000 Stock dividend 0.035S for every stock dividend =20,510,000