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Check my work Required information The following information applies to the questions displayed below.) Part 1 of 2 Sammy's Sportshops has been very profitable in

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Check my work Required information The following information applies to the questions displayed below.) Part 1 of 2 Sammy's Sportshops has been very profitable in Secent 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 points Book 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.) After 2-for-1 Stock Split After 100% Before Stock Dividend $ 1.1001 46.000 Common stock, S1 par value Additional paid in capital Total pald-in capital 47.100 22 550 Retained earings Check my work 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 Part 1 of 2 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.) points After 100% Stock After 2-for-1 Before Dividend Stock Split eBook References Common stock, $1 par value Additional paid in capital Total paid in capital Retained earnings Total stockholders' equity Shares outstanding Par value per share Share price $ 1.100 46,000 47.100 225501 $69.650 1.1001 $ 1001 S 104 4 Required information The following information applies to the questions displayed below.) Part 2 of 2 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. points 2. 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. eBook References True or False True False

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