Question
On July 4, Great Student Company completed a 4 for 1 stock split when outstanding shares were 40,000, par value was $2, and the
On July 4, Great Student Company completed a 4 for 1 stock split when outstanding shares were 40,000, par value was $2, and the market value was $10. What is the market value after the split? What is par value after the split? 0.5 How many shares are outstanding after the split? 200,000 Make the journal entry.
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
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