Question
A corporation has 100,000 shates of $10 par value common stock outstanding when it declared a 2 for 1 stock split. After the split which
A corporation has 100,000 shates of $10 par value common stock outstanding when it declared a 2 for 1 stock split. After the split which of the following statements is true?
The new par value per share is $1.
The number of shares outstanding is 200,000
The total par value increased
The new par value per share is $100
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IT Auditing An Adaptive Process
Authors: Robert E. Davis
1st Edition
0557220513, 978-0557220519
