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Growth Industries' current stockholders' equity account is as follows: Preferred stock $ 400,000 Common stock (500,000 shares at $1 par) 500,000 Paid-in capital in excess

Growth Industries' current stockholders' equity account is as follows:

Preferred stock

$ 400,000

Common stock (500,000 shares at $1 par)

500,000

Paid-in capital in excess of par

200,000

Retained earnings

800,000

Total stockholders' equity

$1,900,000

a.Indicate the change in par value and the number of shares outstanding if the firm declares a 2-for-1 stock split.

b.Indicate the change, in par value and the number of shares outstanding if the firm declares a 1-for-1 reverse stock split.

c.Indicate the change in par value and the number of shares outstanding if the firm declares a 3-for-1 stock split.

d.Indicate the change in par value and the number of shares outstanding if the firm declares a 6-for-1 stock split.

e.Indicate the change in par value and the number of shares outstanding if the firm declares a 1-for-4 reverse stock split.

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