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The board of directors announces a 3-for-1 stock split on 24,000 outstanding common shares, with an average issue price of $30. Immediately after the
The board of directors announces a 3-for-1 stock split on 24,000 outstanding common shares, with an average issue price of $30. Immediately after the stock split, the: O a. Common share account balance will triple to $2,160,000 O b, issued and outstanding shares decreases to 8,000 Oc. average issue price of the shares decreases to $10 per share d. average issue price of the shares remains the same
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