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A software development company has 43826 shares of stock outstanding with a par value of $0.50 per share. The current book value of the firm
A software development company has 43826 shares of stock outstanding with a par value of $0.50 per share. The current book value of the firm is $387,800 and the balance in the capital in excess of par value account is $146,300. The company just announced a five-for-three stock split. What will be the common stock account balance after the split? Group of answer choices $13,148 $26,296 $43,826 $21,913
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