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Consider the case of Green Moose Industries: Green Moose Industries currenljv has 10,000 shares of common stock outstanding. Its management believes that its current stock

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Consider the case of Green Moose Industries: Green Moose Industries currenljv 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 a 2-for-1 stock split. If Green Moose Industries declares a 2-for-1 stock split, the price of die company's stock alter the splitassuming that the total value of the rm's stock remains the same before and after the splitshould be per share. Blue Elk Manufactung is one of Green Moose's leading competors. Blue Elk's market intelligence research team has learned of Green Moose's stock split plans, and is considering paving a stock dividend to its own shareholders. 31s a result, executives at Blue Elk decide to offer stock dividends to its shareholders. Blue Elk Manufacturing currendv has 1,100,000 shares of common stock outstanding. If Blue Elk pays a 3% stock dividend, howI man'iiI total shares of common stock will be outstanding after the stock dividend? O 1,302,050 shares 0 1.139.550 shares 0 1.019.?00 shares 0 1,133,000 shares

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