IMHO Incorporated,a management consulting provider,has prospered during the past eight years,and recently the company's market share price has shot up to $206.00.It currently has 20,000 issued and outstanding common shares and no preferred shares exist with a book value of $200 per share.IMHO's management want to decrease the share price to the range of $65 to $75,which will be attractive to more investors.Should the company issue a 100 percent stock dividend or split the stock? Why? If you propose a stock split,state the split ration that will accomplish the company's objective.Show your computations.

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The Answer of IMHO Incorporated,a management consulting provider,has prospered during the past eight years,and recently the company's market share price has shot up to $206.00.It currently has 20,000 issued and outstanding common shares and no preferred shares exist with a book value of $200 per share.IMHO's management want to decrease the share price to the range of $65 to $75,which will be attractive to more investors.Should the company issue a 100 percent stock dividend or split the stock? Why? If you propose a stock split,state the split ration that will accomplish the company's objective.Show your computations.

IMHO Incorporated,a Management Consulting Provider,has Prospered During the Past Eight