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2. The Odessa Oxygen Co. has the following equity accounts: Common Stock ($1.80 par) $5.76 million Paid-In Capital $17.4 million Retained Earnings $26 million Total
2. The Odessa Oxygen Co. has the following equity accounts:
Common Stock ($1.80 par) $5.76 million
Paid-In Capital $17.4 million
Retained Earnings $26 million
Total Equity 49.16 million
The current stock price is $325.
A. If the firm does a 9 for4 stock split, what would the new stock price be?
B. If an investor currently has 600 shares, how many will they have after the split?
C. Show the equity accounts after the split and include par and #shares
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