Companies sometimes consider stock spitts to bring down the price so that the stock attracts more purchases. Consider the following case: Mainway Toy Company currently has 30,000 shares of common stock outstanding. Its management believes that its current stock price of $100 per share is too high. The company is planning to conduct stock spits in the ratio of 4 for 1 as described in the animation. If Mainway Toy Company 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? Scorecard Athietics Corp. is one of Mainway's leading competitors. Scorecard's market intelligence research team shares Mainway's plans of announcing a stock split, infiuencing the distribution policy makers. Consequently, executives at Scorecard decide to offer stock dividends to its shareholders. Scorecard currentiy has 1,100,000 shares of common stock outstending. If the firm pays a 7% stock dividend, what will be the total number of shares outstanding after the stock dividend? 1,177,000 shares 1,000,450 sheres 1,294,700 shares 1,353,550 thares If Mainway Toy Company deciares 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 rembins the same after the split? Scorecard Athietics Corp. is one of Mair $25.00 ha competitors. Scorecard's market intelligence fesearch team shares Malinar's plans of announcing a stock split, infiuencing thy $200.00 n policy makers. Consequently, executives at Scarecard decide to offer stock dividends to its shareholders. 1,177,000 shares 1,000,450 shares 1,294,700 shares 1,353,550 shares