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The owners equity accounts for Vidi International are shown here: Common stock ($.50 par value) $ 25,000 Capital surplus 215,000 Retained earnings 642,700 Total owners
The owners equity accounts for Vidi International are shown here: |
Common stock ($.50 par value) | $ | 25,000 |
Capital surplus | 215,000 | |
Retained earnings | 642,700 | |
Total owners equity | $ | 882,700 |
a-1. | If the company declares a four-for-one stock split, how many shares are outstanding now? |
a-2. | What is the new par value per share? |
b-1. | If the company declares a one-for-five reverse stock split, how many shares are outstanding now? |
b-2. | What is the new par value per share? |
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