Question: Decrease, Increase, or No effect? The condensed statement of financial position of Pearl City Corporation reports the following amounts: The common shares are currently trading

Decrease, Increase, or No effect? Decrease, Increase, or No effect? The condensed statement of financial position ofPearl City Corporation reports the following amounts: The common shares are currently

The condensed statement of financial position of Pearl City Corporation reports the following amounts: The common shares are currently trading for $30 per share. Pearl City wants to assess the impact of three possible alternatives: 1. Payment of a $1.5 per share cash dividend 2. Distribution of a 5% stock dividend 3. A3-for-2 stock split (a) Determine the impact of the above alternatives on the following

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