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On January 1, 2021 Sky Ltd. has 10,000 shares issued and outstanding with a market value of $23,000. On November 30, 2021, Sky Ltd. declares
- On January 1, 2021 Sky Ltd. has 10,000 shares issued and outstanding with a market value of $23,000. On November 30, 2021, Sky Ltd. declares and issues a 3 for 1 share split. After the share split the shares were trading (selling) for $.70/share. After the share split the total value of the shares issued and outstanding will be?
- $21,000
- $23,000
- $7,000
- $69,000
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Internationale Rechnungslegung IFRS Praxis
Authors: Author
1st Edition
3834909289, 9783834909282
