Homework Answers
| (1)-The number of shares after the stock-split |
| The number of shares after the stock-split = Shares outstanding x Stock-spli ratio |
| The number of shares after the stock-split = 20,000 Shares x (2/1) |
| The number of shares after the stock-split = 40,000 Shares |
| (2)-Market price of a stock after the stock-split |
| Market price of a stock after the stock-split = Markte price before stock-spli / Stock-split ratio |
| Market price of a stock after the stock-split = $50.00 / (4/1) |
| Market price of a stock after the stock-split = $25.00 |
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