Question: PART 2 - 3361 (Winter 2019) FINAL REVIEW Problem #1: UCanDolt Inc. lists the following on its annual report. UnCanDoIt's shares are currently trading at
PART 2 - 3361 (Winter 2019) FINAL REVIEW Problem #1: UCanDolt Inc. lists the following on its annual report. UnCanDoIt's shares are currently trading at $45 a share: Common Stock (100,000 shares outstanding) $2,000,000 Retained Earnings $3,000,000 Discuss the changes that would occur to UCanDolt's balance sheet and share price if: a) UCandolt declares $50,000 cash dividends b) UCandolt declares a 3 for 1 stock split c) UCanDolt declares a 20% stock dividend
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