Indicate the principal effects of a stock dividend versus a stock split on the issuing corporation. Respond in the spaces as follows: Change and No Change.

		Stock Dividend		Stock Split
Number of Shares Outstanding		ChangeNo Change		ChangeNo Change
Par Value per Share		No ChangeChange		No ChangeChange
Total Par Outstanding		No ChangeChange		ChangeNo Change
Retained Earnings		No ChangeChange		ChangeNo Change
Total Stockholders' Equity		No ChangeChange		No ChangeChange
Composition of Stockholders' Equity		No ChangeChange		ChangeNo Change