Homework Answers
| before action | after stock dividend | after stock split | |
| par value per share | $10 | $10 | $5 |
par value per share = amount in common stock / no. of shares outstanding
before action
=>$280,000 / 28,000
=>$10.
after stock dividend
=>$299,600 / 29,960
=>$10.
after stock split
$280,000 / 56,000
=>$5.
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