Question: I need help solving this problem Stephen's Sportswear has been very profitable in recent years and has seen its stock price steadily increase to over

I need help solving this problem  I need help solving this problem Stephen's Sportswear has been very
profitable in recent years and has seen its stock price steadily increase

Stephen's Sportswear 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. 1. Complete the following table comparing the effects of a 100% stock dividend versus a 2 -for-1 stock split on the stockholders' equity Required: 2. State whether the statement "The primary reason companies declare a large stock dividend or a stock split is to lower the trading accounts, shares outstanding, par value, and share price. price of the stock to a more acceptable trading range, making it attractive to a larger number of potential investors." is true or false. Complete this question by entering your answers in the tabs below. 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.) Stephen's Sportswear 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. 2. State whether the statement "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 acceptable trading range, making it attractive to a larger number of potential investors. " is true or false. Complete this question by entering your answers in the tabs below. State whether the statement "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 acceptable trading range, making it attractive to a larger number of potential investors." is true or false

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