A corporation has 500,000 shares of $4 per value common stock authorized, and issued and outstandiing....
A corporation has 500,000 shares of $4 per value common stock authorized, and issued and outstandiing. If the corporation declares a 2 for 1 stock split, how many shares will be outstanding after the split?
Homework Answers
After the split;number of shares would increase and stock price decrease.
Hence shares outstanding after the split would be
=(500,000*2)
=1,000,000 shares.
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A corporation has 500,000 shares of $4 per value common stock
authorized, and issued and outstandiing....
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Please answer parts A through C.
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Please answer parts A through C.
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