On March 1, 2020, ABC Corporation had the following capital structure:
On March 1, 2020, ABC Corporation had the following capital structure: Common Stock (par $0.50) $3,000 Additional Paid In Capital $165,000 Retained Earnings $72,000 Treasury Stock -0- The board of directors voted a 4-to-1 stock split. The market price prior to the split was $75 per share. Items Before Stock Split After Stock Split Common Stock Account $3,000 [ Select ] Par per share $0.50 [ Select ] Shares outstanding 6,000 [ Select ] Additional paid-in capital $165,000 [ Select ] Retained Earnings $72,000 [ Select ]On March 1, 2020, ABC Corporation had the following capital structure: Common Stock (par $0.50) $3,000 Additional Paid In Capital $165,000 Retained Earnings $72,000 Treasury Stock -0- The board of directors voted a 4-to-1 stock split. The market price prior to the split was $75 per share. Items Before Stock Split _ After Stock Split _ Common Stock Account $3,000 $750 $3,000 Par per share $0.50 $9.000 $12,000 Shares outstanding 6,000 Additional paid-in capital $165,000 Retained Earnings $72,000 On March 1, 2020, ABC Corporation had the following capital structure: Common Stock (par $0.50) $3,000 Additional Paid In Capital $165,000 Retained Earnings $72,000 Treasury Stock -0- The board of directors voted a 4-to-1 stock split. The market price prior to the split was $75 per share. Items Before Stock Split After Stock Split Common Stock Account $3,000 [5e'9d] Par per share $0.50 $0_125 $0.50 Shares outstanding 6,000 $100 $2.00 Additional paid-in capital $165,000 Retained Earnings $72,000 On March 1, 2020, ABC Corporation had the following capital structure: Common Stock (par $0.50) $3,000 Additional Paid In Capital $165,000 Retained Earnings $72,000 Treasury Stock -0- The board of directors voted a 4-to-1 stock split. The market price prior to the split was $75 per share. Items Before Stock Split After Stock Split Common Stock Account $3,000 [ Select ] Par per share $0.50 [ Select ] [ Select ] Shares outstanding 6,000 1,500 6,000 Additional paid-in capital $165,000 24,000 30,000 Retained Earnings $72,000 [ Select ]On March 1, 2020, ABC Corporation had the following capital structure: Common Stock (par $0.50) $3,000 Additional Paid In Capital $165,000 Retained Earnings $72,000 Treasury Stock -0- The board of directors voted a 4-to-1 stock split. The market price prior to the split was $75 per share. Items Before Stock Split After Stock Split Common Stock Account $3,000 [53'3\"] Par per share $0.50 [Select] Shares outstanding 6,000 [se'ed] . Additional paid-in capital $165,000 $41,250 $141,000 Retained Earnings $72,000 $165000 $189,000 ' $660,000 On March 1, 2020, ABC Corporation had the following capital structure: Common Stock (par $0.50) $3,000 Additional Paid In Capital $165,000 Retained Earnings $72,000 Treasury Stock -0- The board of directors voted a 4-to-1 stock split. The market price prior to the split was $75 per share. Items Before Stock Split After Stock Split Common Stock Account $3,000 [Select] Par per share $0.50 [Select] Shares outstanding 6,000 [Select] Additional paid-in capital $165,000 [Select] Retained Earnings $72,000 -$208,000 $6Q000 $7t700 $72000 $8t000