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Problem 10-3A (Algo) Indicate effect of stock dividends and stock splits (LO10-6) Big Meadows Sports has been very profitable in recent years and has seen

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Problem 10-3A (Algo) Indicate effect of stock dividends and stock splits (LO10-6) Big Meadows Sports has been very profitable in recent years and has seen its stock price steadily increase to over 5100 per share The CFO thinks the company should consider either a 100% stock dividend or a 2 -for-1 stock split Required: 1. Complete the following table comparing the effects of a 100% stock dividend versus a 2-for-1 stock split on the stockholders' equity accounts, shares outstanding. par value, and share price 2. State whether the statement "The primary reason companies declare a large stock dividend or a stock split is to lower the trading price of the stock to a more acceptable trading range, making it attractive to a larger number of potential investors." is true or false. Complete this question by entering your answers in the tabs below. Complete the following table comparing the effects of a 100% stock dividend versus a 2 -for- 1 stock split on the stockholders' equity accounts, shares outstanding, par value, and share price. (Round "Par value per share" to 2 decimal places.) Problem 10-3A (Algo) Indicate effect of stock dividends and stock splits (LO10-6) Big Meadows Sponts has been very profitable in recent years and has seen its stock price steadily increase to over $100 per share The CFO thinks the company should consider either a 100% stock dividend of a 2-for-1 stock split. Required: 1. Complete the following table comparing the elfects of a 100% stock dividend versus a 2-for-1 stock split on the stockholders' equify accounts, shares outstanding, par value. and share price. 2. State whether the statement The piimary reason companies declare a Jarge stock dividend or a stock split is to lower the trading price of the stock to a more acceptable trading range, making it attractive to a larger number of potential investors." is true or false Complete this question by entering your answers in the tabs below. State whether the statement "The primary reason companies declare a large stock dividend oc a stock eplit is to lower the trading price of the stock to a more acceptable trading range, making it attractive to a larger number of potential investors." is true or faloe. Wie stock tif a more acceptable trading range, plaking a attractive to a larger number of potential livestorn

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