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GreenTree's common stock has a par value of $.50 per share. The firm's balance sheet shows a balance of $55,000 in the common stock account.

GreenTree's common stock has a par value of $.50 per share. The firm's balance sheet shows a balance of $55,000 in the common stock account. Meanwhile, capital surplus is $470,000 and a retained earnings is $740,000. The company has announced a 3-for-2 stock split. how many shares will be outstanding after the split?
Multiple Choice
165,000
36,667
1,575,000
3,795,000
393,750
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The market value balance sheet for MZ Toys reflects cash of $32,000, fixed assets of $687,000, debt of $285,000, and equity of $479,000. The firm declared a stock dividend of 15 percent and tomorrow is the ex-dividend date (the chronology for a stock dividend is similar to that for a cash divideno). There are 12,000 shares outstanding. What is the ex-dividend stock price? Multiple Choice $33.51 5347 $3393 $35.14

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