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Sammy's Sportshops has been very profitable in recent years and has seen its stock price steadily increase to over $100 per share. The CFO thinks

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Sammy's 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. value: 10.00 points Required information 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. (Round "Par value per share" to 2 decimal places.) After 100% | After 2-for-1 Stock DividendStock Split Before Common stock, $1 par value Additional paid-in capital $ 1,100 59,000 60,100A 23,850 Total paid-in capital Retained earnings Total stockholders' equity Shares outstanding Par value per share Share price $ 1,100 1.00 130 . 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 cceptable trading range, making it attractive to a larger number of potential investors. O True O False

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