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Doug & Beatie's Inc., a large, private company, declared and distributed a twenty percent stock dividend to its shareholders. If Doug & Beatie's Inc. had

Doug & Beatie's Inc., a large, private company, declared and distributed a twenty percent stock dividend to its shareholders. If Doug & Beatie's Inc. had instead done a stock split, which of the following stock splits would have had the same effect as the fifty percent stock dividend on the number of Doug & Beatie's Inc. shares outstanding?

None of the other alternatives are correct

2 for 1

4 for 3

5 for 4

3 for 2

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