1) A corporation's board of directors declares a 15:1 common share stock split. Currently, total outstanding common shares are 855,000 with a book value of $30 per share. What is the book value per share, after the split? a) $1.00 c) $15.00 b) $30.00 d) $2.00 2) A corporation's board of directors declares a 8:1 common share stock split. Currently, total outstanding common shares are 55,000 with a book value of $8.90 per share. What are the number of shares outstanding after the split? a) 55,800 c) 489,500 b) 440,000 d) 6,875