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8. Stock dividends and stock splits Tolbotics Inc. currently has 25,000 shares of common stock outstanding. Its management believes that its current stock price of
8. Stock dividends and stock splits Tolbotics Inc. currently has 25,000 shares of common stock outstanding. Its management believes that its current stock price of $110 per share is too high. The company is planning to conduct stock splits in the ratio of 4 for 1 as described in the animation. Certificate or Stock $12 If Tolbotics Inc. declares a 4-for-1 stock split, the price of the company's stock after the split, assuming that the total value of the firm's stock remains the same after the split? per share. Scorecard Athletics Corp. is one of Tolbotics's leading competitors. Scorecard Athletics Corp.'s market intelligence research team shares Tolbotics's plans of announcing a stock split, influencing the distribution policy makers. Consequently, executives at Scorecard decide to offer stock dividends to its shareholders. A stock dividend is another way of keeping the stock price from going too high. Scorecard currently has 1,900,000 shares of common stock outstanding If the firm pays a 4% stock dividend, how many shares will the firm issue to its existing shareholders? O 76,000 shares O 68,400 shares O 79,800 shares O 64,600 shares If Tolbotics Inc. declares a 4-for-1 stock split, the price of the company's stock after the split, assuming that the total value of the firm's stock remains the same after the split? per share. $27.50 Scorecard Athletics Corp. blbotics's leading competitors. Scorecard Athletics Corp.'s market intelligence research team shares Tolbotics's plans of announcing std $36.67 fluencing the distribution policy makers. Consequently, executives at Scorecard decide to offer stock dividends to its shareholders. $220.00 A stock dividend is anoth eeping the stock price from going too high. Scorecard currently has 1,900,000 shares of common stock $55.00 outstanding. $440.00 If the firm pays a 4% stolk dividend, how many shares will the firm issue to its existing shareholders? O 76,000 shares O 68,400 shares O 79,800 shares O 64,600 shares
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