QUE 1a) An investor owns some stock in Harrys pottery Inc. The stock recently underwent a 5-for -3 stock split . if the stock was trading at $40 per share just before the split, how much is each share most likely selling for after the split? if investor owned 200 shares of stock before the split, how many shares would she own afterward?

b) Rons Rodents Co. has total assets of $5 million, total short and long term debt of $ 2.8 million and $ 400, 000 worth of 8% preferred stock outstanding. what is the firms total book value? What would its book value per share be if the firm had 50, 000 shares of common stock outstanding?