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Problem 10-3B Indicate effect of stock dividends and stock splits (LO10-6) The Athletic Village has done very well the past year, and its stock price
Problem 10-3B Indicate effect of stock dividends and stock splits (LO10-6) The Athletic Village has done very well the past year, and its stock price Is now trading at $96 per share. Management is considering elther a 100% stock dividend or a 2-for-1 stock split. Requlred: 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 3 decimal places.) After 100% Stock Dividend After 2-for-1 Before Stock Split Common stock, $0.01 par value 11 Additional paid-in capital 31,990 Total paid-in capital 32,001 0 Retained earnings 15,700 $ 47,701 Total stockholders' equity 0 S 0 Shares outstanding 1,100 Par value per share 0.01 Share price 96
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