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Calculator A corporation, which had 24,700 shares of common stock outstanding, declared a 3-for-1 stock split. (a) What will be the number of shares outstanding

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Calculator A corporation, which had 24,700 shares of common stock outstanding, declared a 3-for-1 stock split. (a) What will be the number of shares outstanding after the split? shares (b) It the common stock had a market price of $78 per share before the stock split, what would be an approximate market price per share after the spliti per share (c) Is a journal entry required for a stock split

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