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The owners equity accounts for Masterson International are shown here: Common stock ($1 par value) $ 71,258 Capital surplus 157,000 Retained earnings 603,000 Total owners
| The owners equity accounts for Masterson International are shown here: |
| Common stock ($1 par value) | $ | 71,258 | ||
| Capital surplus | 157,000 | |||
| Retained earnings | 603,000 | |||
| Total owners equity | $ | 805,000 | ||
| The company declares a 4-for-1 stock split. |
How many shares are outstanding now?
(Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
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Finance Bundling And Finance Transformation
Authors: Frank Keuper, Kai-Eberhard Lueg
1st Edition
3658042109, 978-3658042103
