The Athletic Village has done very well the past year, and its stock price is no

Question

The Athletic Village has done very well the past year, and its stock price is now trading at $102 per share. Management is considering either a 100% stock dividend or a 2-for-1 stock split. Required 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 3 decimal places.) After 100% Stock Dividend After 2-for-1 Stock Split Before Common stock, $0.01 par value $ 34,990 35,001 16,000 51,001 1,100 0.01 102 Total paid-in capital Retained earnings

Explanation / Answer

Before After 100% stock Dividend After 2 for 1 stock split Common stock 11 22 11 Additional Paid in Capital 34990 34990 34990           Total Paid in Capital 35001 35012 35001 Retained Earnings 16000 15989 16000           Total Stockholders' Equity 51001 51001 51001 Shares outstanding 1100 2200 2200 Par Value per Share 0.01 0.01 0.005 Share Price 102 51 51

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