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Blue Corporation had 30,000 shares of $30 par value common stock issued and outstanding on January 1, On January 15, the company did a 3-for-1
Blue Corporation had 30,000 shares of $30 par value common stock issued and outstanding on January 1, On January 15, the company did a 3-for-1 stock split. What was the par value per share after the stock split? $10 $30 The answer cannot be determined from the information provided $90 On August 9. the board of directors of the Cassidy Corporation declared a cash dividend of $2 per share to common shareholders. The company has 150,000 shares authorized, 50.000 shares issued and 40,000 shares outstanding The dividend is payable on September 1. to stockholders of record on August 25. The total amount of the cash dividend is $100,000 $20,000 $80,000 $300,000
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