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Uli Inc. is considering (3) effecting a 2-for-1 stock split. The current share price is $15 per share. one of the three following courses of
Uli Inc. is considering (3) effecting a 2-for-1 stock split. The current share price is $15 per share. one of the three following courses of action: (1) paying a $0.50 cash dividend, (2) distributing a 5% stock dividend, or Help Uli make its decision by completing the following chart (treat each possibility independently): After Stock Dividend After Cash After Stock Split Before Action Dividend X X X Total assets $1,346,000 Total liabilities 261000 261000 261000 $261,000 $ $ Shareholders' equity X Common shares 628,000 Retained earnings 457,000 1,085,000 Total shareholders' equity $1,346,000 Total liabilities and shareholders' equity x x 100,000 Number of common shares
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