Bob's Golf Emporium 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.$)$