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Problem 10-3A (Algo) Indicate effect of stock dividends and stock splits (LO10-6) 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 folse. Complete this question by entering your answers in the tabs below. 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.) 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. State whether the statement The primary reason companies declare a large stock dividend or a siock split is to lower the trading phice of the siock th a more acceptable irading rangt., making if altirative fo a Garger number of polentral iflwestors

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