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Alfonzo's Italian House has 25,600 shares of stock outstanding with a par value of $1 per share and a market price of $23 a share.
Alfonzo's Italian House has 25,600 shares of stock outstanding with a par value of $1 per share and a market price of $23 a share. The firm just announced a 3-for-2 stock split.
What is the equity value of the company before the split? $
What will the market price per share be after the split? $
How many shares of stock will be outstanding after the split? shares
What is the equity value of the company after the split? $
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