Mainway Toy Company currently has 15,000 shares of common stock outstanding. Its management believes that its current stock price of $95 per share is too high. The company is planning to conduct stock splits in the ratio of 2 for 1 as described in the animation. If Mainway Toy Company declares a 2-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 ____________. Fuzzy Muffin Manufacturing Company is one of Mainway's leading competitors. Fuzzy Muffin Manufacturing Company's market intelligence research team shares Mainway's plans of announcing a stock split, influencing the distribution policy makers. Consequently, executives at Fuzzy Muffin decide to offer stock dividends to its shareholders. A stock dividend is another way of keeping the stock price from going too high. Fuzzy Muffin currently has 1, 900,000 shares of common stock outstanding. If the firm pays a 5% stock dividend, how many shares will the firm issue to its existing shareholders? 80, 750 shares 76,000 shares 95,000 shares 90, 250 shares