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B.1 Aana Corporation has 400,000 , P100 par value ordinary shares issued and outstanding. The board of directors decided to split the share 6 -for-2.
B.1 Aana Corporation has 400,000 , P100 par value ordinary shares issued and outstanding. The board of directors decided to split the share 6 -for-2. 1. How many shares issued and outstanding will the corporation have after the shares split? 2. How much will now be the par value after the shares split? B.2 Nacional Corporation has 1,000,000, P50 par value ordinary shares issued and outstanding. The board of directors decided to reverse split the share 1-for-5 to protect the corporations to be taken over by an outsider. 3. How many shares issued and outstanding will the corporation have after the shares split? 4. How much will now be the par value after the shares split
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