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Sammys Sportshops has been very profitable in recent years and has seen its stock price steadily increase to over $100 per share. The CFO thinks
Sammys Sportshops 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 or a 2-for-1 stock split.
Required: 1. Complete he following table comparing he effects o to 2 decimal places.] a 100% stock d dend versus a 2-for-1 stock spli on the stockholders equity accounts, shares outstanding par value, and share pnce. Round Par value per share Stock After 2-for-1 Dividend Stock Split Before S 1,000 47,000 48,000 22,650 5 70,650 1000 S 1.00 S 106 Common stock, S1 par value Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Shares outstanding Par value per share Share price
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