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Big Meadows Sports has been very profitable in recent years and has seen its stock price steadily increase to over $ 1 0 0 per

Big Meadows Sports 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.
Required:
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.
State whether the statement "The primary reason companies declare a large stock dividend or a stock split is to lower the trading
price of the stock to a more acceptable trading range, making it attractive to a larger number of potential investors." is true or false.
Complete this question by entering your answers in the tabs below.
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.)
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