Companies sometimes consider stock spllts to brning doence s ha heores Consider the following case: Mainway Toy Company currently has 10,000 shares of common stock outstanding. Its management believes that its current stock price of $90 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. tificate er St If Mainway Toy Company declares a 3-for-1 stock split, what will be 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 Mainway's leading competitors. Scorecard's market intelligence research team shares Mainway's plans of announcing a stock split, influencing the distribution policy makers. Consequently, executives at Scorecard decide to offer stock dividends to its shareholders If the firm pays a 3% stock dividend, what will be the total number of shares outstanding after the stock dividend? O 2,152,700 shares O 2,054,850 shares O 2,348,400 shares 1,957,000 shares Scorecard currently has 1,900,000 shares of common stock outstanding