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The owners' equity accounts for Freya International are shown here. Common stock ($.40 par value) $ 40,000 Capital surplus 350,000 Retained earnings 768,120 Total owners

The owners' equity accounts for Freya International are shown here.

Common stock ($.40 par value) $ 40,000
Capital surplus 350,000
Retained earnings 768,120
Total owners equity $ 1,158,120

a-1

If Freya declares a two-for-one stock split, how many shares are outstanding now? (Do not round intermediate calculations.)

New shares outstanding

a-2

What is the new par value per share? (Do not round intermediate calculations. Round your answer to 3 decimal places, e.g., 32.161.)

New par value $ per share

b-1

If Freya declares a one-for-four reverse stock split, how many shares are outstanding now? (Do not round intermediate calculations.)

New shares outstanding

b-2

What is the new par value per share? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

New par value $ per share

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