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Question3and4 Amazing Incorporation has 44,000 shares of stock outstanding with a par value of $1 per share and a masker price of 552 sheet is
Question3and4
Amazing Incorporation has 44,000 shares of stock outstanding with a par value of $1 per share and a masker price of 552 sheet is provided below and shows $44,000 in the common stock account, $505,000 in the paid-in supplus account earnings account. The firm just announced a 3 -for-2 stock split. Based on the information please 1. What is the total share outstanding after the split? 2. What is the Common stock account balance after the split? 3. What is the Common stock paid-in surplus balance after the split? 4. What is the Retained earning balance after the split? 5. How many new shares are added Step by Step Solution
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