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Below is a partial balance sheet of WOU Berhad The company declared a 2 for 1 stock split. i) Calculate the new par value. ii)

Below is a partial balance sheet of WOU Berhad

 

The company declared a 2 for 1 stock split. 

i) Calculate the new par value. 

ii) Calculate the new numbers of share outstanding.

Common stock (RM 2) Premium Retained earnings Total Net Worth RM40,000,000 RM25,000,000 RM20,000,000 RM85,000,000

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