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3 Required information 8 (The following information applies to the questions displayed below.) points Sammy's Sportshops has been very profitable in recent years and has
3 Required information 8 (The following information applies to the questions displayed below.) points Sammy's Sportshops has been very profitable in recent years and has seen its stock price steadily increase to over $100 per share. The CFO thinks the company should consider either a 100% stock dividend or a 2-for-1 stock split. eBook References Required: 1. Complete the following table comparing the effects of a 100% stock dividend versus a 2-for-1 stock split on the stockholders' equity accounts, shares outstanding, par value, and share price. (Round "Par value per share" to 2 decimal places.) Before After 100% After 2-for-1 Stock Stock Split Dividend $ 1.200 Common stock, $1 par value Additional paid-in capital 57,000 58,200 23,650 $ 81,850 Total paid-in capital Retained earnings Total stockholders' equity Shares outstanding Par value per share Share price 1,200 1.00 $ 126
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