Sammy's sportshops has been very profitable in recent years and has seen its stock price steadly increase to over 5100 per share. The CFO thinks the company should consider either a 100% stock dMc end or a 2-for-1 stock Split Required information 0.58 polnts Required: 1. Complete he n owing table companng the effects o a 100% stock di dend versus places.) 2 r 1 stock spi n the stockholders ec urt accounts shares outstanding par value and share prie Round "Par value per share o 2 decimal Stock After 2-for-1 Dividend Stock Split Before Cammon stock, $1 par value S 1,100 dational paid-in capital 43,000 Total paid-in capital Retained eamings 44 1 22 250 S 66,350 1, 100 S 1.00 5 8 Total stockholders' equity Shares oulstariding Par value per share Sharc price eBook & Resources Worksheet Difficulty 2 Modiurm Objective: 10 06 Explain the effect of stock dividends and stock split Required information 0.72 points 2. The primary reason companies declare a large stock dlvidend or a stock split is to lower the trading price of the stock to a more acceptable trading range, making It attractve to a larger number of potential Investors True False