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Question Content Area A corporation, which had 3 9 , 4 0 0 shares of common stock outstanding, declared a 4 - for - 1

Question Content Area
A corporation, which had 39,400 shares of common stock outstanding, declared a 4-for-1 stock split.
Question Content Area
a. What will be the number of shares outstanding after the split?
fill in the blank 10d0fbff5fd1065_1
shares
b. If the common stock had a market price of $148 per share before the stock split, what would be an approximate market price per share after the split?
$fill in the blank 10d0fbff5fd1065_2
per share
Question Content Area
c. Journalize the entry to record the stock split. If no entry is required, type "No Entry" and leave the amount boxes blank.
blank

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