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17-20 $ 17. the After the 2-for-1 stock split what is per share? par value Use the following to answer questions 13 - 17 KMC
17-20
$ 17. the After the 2-for-1 stock split what is per share? par value Use the following to answer questions 13 - 17 KMC Corp.'s management is considering either a 100% stock dividend or a 2-for-1 stock split. Complete the following chart to assist in answering the following: After 100% After 2-for-1 Stock Dividend Stock Split Before Common stock, $0.50 par value $50,000 Additional paid-in capital 1,350,000 Total paid-in capital 1,400,000 Retained Earnings 500,000 Total stockholders' equity $1,900,000 Shares outstanding Par value per share Share price 100,000 S0.50 S150.00 Use the following to answer questions 18 - 22 Attention Men's Wear, Inc. Balance Sheet (Stockholders' Equity Section) At December 31, 20XE Preferred stock, $100 par value $100,000 Common stock, So.10 par value 80,000 Additional Paid in capital 14.725,000 Total paid in capital 14,905,000 Retained earnings 1,000,000 Treasury stock (625.000) Total stockholders' equity $15,280,000 18. shares. How many shares of preferred stock have been issued? 19. shares. How many shares of common stock have been issued? 20. $ per share. If the preferred shares were issued at an average price of $105 per share. At what price per share were the common shares issued
17-20
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