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please show steps and formulas used, thanks Shirley Ltd. has 400,000 outstanding shares that sell for $65. The company declares a three-for-two stock split. 1)
please show steps and formulas used, thanks
Shirley Ltd. has 400,000 outstanding shares that sell for $65. The company declares a three-for-two stock split. 1) What will the new number of outstanding shares be? 2) What will the new share price be? If the company declares a 32% stock dividend instead 3) What will the new number of outstanding shares be? 4) What will the new share price be Step by Step Solution
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