Economics Homework Help

FIN 201 Saudi Electronic University Financial Accounting Questions

 

I’m working on a finance question and need support to help me learn.

ABC company has 100,000 shares outstanding which worth $1million in total. The Balance sheet of the company shows $250,000 of cash and $500,000 of other assets. If the company issues a $1- per share cash dividend, how is the shareholder wealth affected?