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View Policies Current Attempt in Progress On October 31, the equity section of Carla Vista AG consists of share capital-ordinary CHF 590,000 and retained earnings
View Policies Current Attempt in Progress On October 31, the equity section of Carla Vista AG consists of share capital-ordinary CHF 590,000 and retained earnings CHF915,000. Carla Vista is considering the following two courses of action: (1) declaring a 10% share dividend on the 59.000, CHF 10 par value shares outstanding, or (2) effecting a 2-for-1 share split that will reduce par value to CHF5 per share. The current market price is CHF 14 per share. Prepare a tabular summary of the effects of the alternative actions on the components of equity, outstanding shares, and par value per share. Before Action After Share i Dividend Equity Share capital-ordinary CHF CHF CHE Share premium-ordinary Retained earnings CHF CHF CHF Total equity Outstanding shares After Share Split ENG E 15/05/M -/10 1 Prepare a tabular summary of the effects of the alternative actions on the components of equity, outstanding shares, and par value per share. Equity Share capital-ordinary CHF Share premium-ordinary Retained earnings Total equity Outstanding shares Before Action CHF After Share Dividend CHF CHF CHF CHF Par value per share CHF CHF CHF Save for Later After Share Split Attempts: unlimited Submit
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