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Total assets $15,360,000 $5,760,000 Total liabilities Shareholders' equity Common shares, unlimited number authorized, 384.000 issued Retained earnings Total liabilities and shareholders' equity $1,920,000 7,680.000 9,600,000
Total assets $15,360,000 $5,760,000 Total liabilities Shareholders' equity Common shares, unlimited number authorized, 384.000 issued Retained earnings Total liabilities and shareholders' equity $1,920,000 7,680.000 9,600,000 $15.360.000 The common shares are currently trading for $30 per share. Benton wants to assess the impact of three possible alternatives: 1. 2. Payment of a $1.5 per share cash dividend Distribution of a 5% stock dividend A 3-for-2 stock split 3. (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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