Question
A company has 800,000 shares issued and outstanding of $1 par common stock. After a 2-for-1 stock split, which of the following statements is FALSE?
A company has 800,000 shares issued and outstanding of $1 par common stock. After a 2-for-1 stock split, which of the following statements is FALSE?
A. The par value per share decreases to $0.50 per share.
B. The number of shares outstanding is 1,600,000. C. The number of shares issued is 400,000.
D. The number of shares issued is 1,600,000
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Accounting In Emerging Economies
Authors: Mathew Tsamenyi
1st Edition
1849506256, 9781849506250
