Current Attempt in Progress On October 31, the equity section of Lucerne AG consists of share capital-ordinary CHF500,000 and retained earnings CHF900,000. Lucerne is considering the following two courses of action: (1) declaring a 5% share dividend on the 50,000, CHF10 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 CHF14 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. Equity Share capital-ordinary Share premium-ordinary Retained earnings Total equity Outstanding shares Par value per share eTextbook and Media Save for Later my CHF CHF CHF Before Action CHF CHF CHF After Share Dividend CHF CHF CHF Attempts: unlimited After Share Split Submit Answer

On October 31, the equity section of Luceme AG consists of share capital-ordinary CHF500,000 and retained earnings CHF90,000. Lucerne is considering the following two courses of action: (1) declaring a 5% share dividend on the 50,000,CHF10 par value shares outstanding or (2) effecting a 2 -for-1 share split that wilt reduce par value to CHF5 per share. The current market price is CHF14 per share. Prepare a tabular summary of the effects of the alternative actions on the components of equity, outstanding shares. and par value per sture. On October 31 , the equity section of Luceme AG consists of share capital-ordinary CHF 500.000 and retained earnings CHF900,000. Lucerne is considering the following two courses of action: (1) declaring a 556 share dividend on the 50,000 , CHF10 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 CHF14 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