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The owners' equity accounts for Vidi International are shown here: Common stock ($.50 par value) $ 35,000 Capital surplus 320,000 Retained earnings 708,120 Total owners
| The owners' equity accounts for Vidi International are shown here: |
| Common stock ($.50 par value) | $ | 35,000 |
| Capital surplus | 320,000 | |
| Retained earnings | 708,120 | |
| Total owners equity | $ | 1,063,120 |
| If the company declares a five-for-one stock split, how many shares are outstanding now? |
| What is the new par value per share? |
| If the company declares a one-for-seven reverse stock split, how many shares are outstanding now? |
What is the new par value per share?
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Authors: The Editors Of Nolo Nolo The Editors
12th Edition
1413330932, 978-1413330939
