The owners' equity accounts for Freya International are shown here. Common stock ($.40 par value) $ 32,500 Capital surplus 315,000 Retained earnings 698,120 Total owners equity $ 1,045,620

a-1 If Freya declares a four-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-five 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 References