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Betta Corporation issued 300,000 shares of $2 par value stock. The book value of Betta's common stockholders' equity is equal to $30 million. Betta implements
Betta Corporation issued 300,000 shares of $2 par value stock. The book value of Betta's common stockholders' equity is equal to $30 million. Betta implements a two-for-one stock split. Complete the following table:
| Before the 2-for-1 split
| After the 2-for-1 split
|
Shares outstanding |
|
|
Total par value |
|
|
Par value per share |
|
|
Total book value |
|
|
Book value per share |
|
|
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