kennesaw.view.usg.edu/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=2102666&isprv=&drc=18qi=24853488cfql=0&dnb=0 Quiz 9 X Time Limit: 1:00:00 Time Left:0:59:54 Tyler Spayde: Attempt 1 Page 1: Rules & Directions for Quizzes -- 3 You CAN use books, study guides, electronic calculators, and computers while taking this quiz. All quizzes are to be taken individually. You may not receive help with the quiz from any other person before or while you are taking the quiz. You may not give help with the quiz to any other person before or while he or she is taking the quiz This quiz contains 4 problems and 2 bonus problems. Each problem has just one correct answer. Each correct answer counts one point and each incorrect answer counts zero points. Please answer all of the questions. The time limit is 40 minutes. Question 1 (1 point) A company's owners' equity accounts are shown below: Common stock ($4 par value) $ 60,000 Capital surplus 250,000 Retained earnings 610,000 Total owners' equity $920,000 Main Content If the company's stock currently sells for $50 per share and a 1-for-4 reverse stock split is declared, how many shares will be outstanding after the reverse stock split occurs? Enter your answer in the box shown below with 2 digits to the right of the decimal point. Your Answer: Answer Question 2 (1 point) A company's owners equity accounts are shown below: Common stock ($3 par value) $ 60,000 Capital surplus 250,000 Activate Windows Retained earnings 610,000 Go to Settings to activate Wind Total owners' equity $920,000 19 Type here to search