Golden Inc. is considering one of the three following courses of action: (1) paying a $0.4 cash dividend, (2) distributing a 5% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $15 per share. BeforeAction$1,369,000 $Bers' equity$240,000 $586.000543.0001.129.000$1,369.000100,000$After CashDividend$$After StockDividend$$AfterStock Split23°C Sunny^ENG10:17/30/ Total assetsTotal liabilitiesShareholders' equityCommon sharesRetained earningsTotal shareholders' equityTotal liabilities and shareholders' equityNumber of common sharese here to search5:BeforeAction$1,369,000D$240,000586,000543,0001,129.000$1.369.000100,000$$$After CashDividend$After StockDividend23°C Sunnymun^ ENG

Before action After Cash dividend After stock dividend Total Assets $1369000 $1329000 $1369000…

Golden Inc. is considering one of the three following courses of action: (1) paying a $0.4 cash dividend, (2) distributing a 5% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $15 per share.

Golden Inc. is considering one of the three following courses of action: (1) paying a $0.4 cash dividend, (2) distributing a 5% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $15 per share.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Before
Action
$1,369,000 $
Bers' equity
$240,000 $
586.000
543.000
1.129.000
$1,369.000
100,000
$
After Cash
Dividend
$
$
After Stock
Dividend
$
$
After
Stock Split
23°C Sunny
^ENG
10:1
7/30/

Total assets
Total liabilities
Shareholders' equity
Common shares
Retained earnings
Total shareholders' equity
Total liabilities and shareholders' equity
Number of common shares
e here to search
5:
Before
Action
$1,369,000
D
$240,000
586,000
543,000
1,129.000
$1.369.000
100,000
$
$
$
After Cash
Dividend
$
After Stock
Dividend
23°C Sunny
mun
^ ENG

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