Question: HELP! Current Attempt in Progress On October 31, the equity section of Blossom AG consists of share capital-ordinary CHF500,000 and retained earnings CHF900,000. Blossom is

HELP!  HELP! Current Attempt in Progress On October 31, the equity section
of Blossom AG consists of share capital-ordinary CHF500,000 and retained earnings CHF900,000.

Current Attempt in Progress On October 31, the equity section of Blossom AG consists of share capital-ordinary CHF500,000 and retained earnings CHF900,000. Blossom 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 CHF 5 per share. The current market price is CHF12 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

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