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please show work. Amazing Incorporation has 44,000 shares of stock outstanding with a par value of $1 per share and a market price of $52
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Amazing Incorporation has 44,000 shares of stock outstanding with a par value of $1 per share and a market price of $52 a share. The balance sheet is provided below and shows $44,000 in the common stock account, $505,000 in the paid-in surplus account, and $510,000 in the retained earnings account. The firm just announced a 3-for-2 stock split. Basec on the information please answer the questions belowStep by Step Solution
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