! Required information [The following information applies to the questions displayed below.] Sammy's Sportshops has been very profitable in recent years and has seen its stock price steadily...

! Required information [The following information applies to the questions displayed below.] 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. 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 Dividend Before Stock Split $ 1,100 Common stock, $1 par value Additional paid-in capital 53,000 Total paid-in capital 54,100 0 23,250 Retained earnings 77,350 Total stockholders' equity S Shares outstanding 1,100 Par value per share 1.00 Share price S 118

May 17, 2022
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