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1) The owners equity accounts for Masterson International are shown here: Common stock ($1 par value) $ 90,000 Capital surplus 157,000 Retained earnings 603,000 Total
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| The owners equity accounts for Masterson International are shown here: |
| Common stock ($1 par value) | $ | 90,000 | ||
| Capital surplus | 157,000 | |||
| Retained earnings | 603,000 | |||
| Total owners equity | $ | 805,000 | ||
The company does a 4-1 stock split
How many shares are outstanding now?
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Bond Markets Analysis And Strategies
Authors: Frank J Fabozzi
8th Edition
013274354X, 9780132743549
