Preferred Stock $400,000 Common Stock(600,000 shares @ $3par) $1,800,000 Paid in capital in excess of...
Preferred Stock $400,000
Common Stock(600,000 shares @ $3par) $1,800,000
Paid in capital in excess of par $200,000
Retained Earnings $800,000
Equity $3,200,000
A. Indicate change, if any with a 1 for 1.5 reverse stock split
B. Indicate the change, if any with 3 for 1 stock split
C. Indicate the change, if any with 6 for 1 stock split
D. Indicate the change, if any with 1 for 4 reverse stock split
Homework Answers
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
NO OF SHARES OUTSTANDING AND PAR VALUE CHANGES. BUT NO
BALANCE SHEET ITEM CHANGES
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Preferred Stock $400,000
Common Stock(600,000 shares @ $3par) $1,800,000
Paid in capital in excess of...
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