Companies sometimes consider stock splits to bring down the price so that the stock attracts more purchases. Consider the following case: Happy Monkey Manufacturing currently has 15,000 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 splits in the ratio of 3 for 1 as described in the animation. 3 for 1 Stock split announcement ficate of toch Cert $ 0 12 o If Happy Monkey Manufacturing declares a 3-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, will be Scorecard Athletics Corp. is one of Happy Monkey's $200.00 petitors. Scorecard's market intelligence research team shares Happy Monkey's plans of announcing a stock split, influencing the distributie $300.00 akers. Consequently, executives at Scorecard decide to offer stock dividends to its shareholders. Scorecard currently has 1,100,000 shares of commo $50.00 standing. $400.00 If the firm pays a 4% stock dividend, what will be th $33.33 ber of shares outstanding after the stock dividend? 1,144,000 shares 1,315,500 shares 0 1,372,800 shares O 1,430,000 shares