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QUES 4 The owners' equity accounts for Trans World International are shown here: Requirement 1: Trans World declares a two-for-one stock split. How many shares
QUES 4
The owners' equity accounts for Trans World International are shown here: Requirement 1: Trans World declares a two-for-one stock split. How many shares are outstanding now? What is the new par value per share? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Requirement 2: Trans World declares a one-for-five reverse stock split. How many shares are outstanding now? What is the new par value per share? The owners' equity accounts for Trans World International are shown here: Requirement 1: Trans World declares a two-for-one stock split. How many shares are outstanding now? What is the new par value per share? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Requirement 2: Trans World declares a one-for-five reverse stock split. How many shares are outstanding now? What is the new par value per shareStep by Step Solution
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