on oct 31 the stocholder euity section of pele company balance sheet consists of common stock 648000 and retained earning 400000.pele is considering the following courses of action a) declaring 1:20 stock dividend on 81000 rs 8 value per shares outstanding or b) effectinf 2 fpr 1 stock split that it will reduce par value to rs4per share.the current market price is rs 17 per share.prepare a tabular summary of the effects of the alternative ations on the company stockholder equity and outstanding shaes.use hese common heading:After the stock dividend and after the stock split