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The owners' equity accounts for Vidi International are shown here: Common stock ($.50 par value) $ 42,500 Capital surplus 355,000 Retained earnings 778,120 Total owners
| The owners' equity accounts for Vidi International are shown here: |
| Common stock ($.50 par value) | $ | 42,500 |
| Capital surplus | 355,000 | |
| Retained earnings | 778,120 | |
| Total owners equity | $ | 1,175,620 |
| a-1. | If the company declares a five-for-one stock split, how many shares are outstanding now? (Do not round intermediate calculations.) |
| a-2. | What is the new par value per share? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) |
| b-1. | If the company declares a one-for-four reverse stock split, how many shares are outstanding now? (Do not round intermediate calculations.) |
| b-2. | What is the new par value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
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