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Mod = P14-13 (similar to) Stock split-Firm Growth Industries' current stockholders' equity account is as follows: Preferred stock Common stock (500,000 shares at $1 par)

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Mod = P14-13 (similar to) Stock split-Firm Growth Industries' current stockholders' equity account is as follows: Preferred stock Common stock (500,000 shares at $1 par) Paid-in capital in excess of par Retained earnings Total stockholders' equity $ 400,000 500,000 200,000 800,000 $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. a. The number of shares outstanding after a 2-for-1 stock split is shares. (Round to the nearest whole number.) par) Common stock (500,000 shares at Paid-in capital in excess of par Retained earnings Total stockholders' equity 500,000 200,000 800,000 $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 of the firm declares a 1-for-4 reverse stock split a. The number of shares outstanding after a 2-for-1 stock split is shares. (Round to the nearest whole number.)

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