Outstanding Shares Willis & Company has 20 million shares of $1 par value common stock outstanding....

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Outstanding Shares Willis & Company has 20 million shares of $1 par value common stock outstanding. The company believes that

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Answer 1

Answer #1

a) Outstanding share after stock split = 20*4 = 80 million

b) New par value per share = 1/4 = $0.25 per share

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Answer 2

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