Question
The owners equity accounts for Vulcano International are shown here: Common stock ($.50 par value) $ 20,000 Capital surplus 210,000 Retained earnings 587,300 Total owners
The owners equity accounts for Vulcano International are shown here: Common stock ($.50 par value) $ 20,000 Capital surplus 210,000 Retained earnings 587,300 Total owners equity $ 817,300
a-1. The company declares a 4-for-1 stock split. How many shares are outstanding now? (Do not round intermediate calculations.)
a-2. The company declares a 4-for-1 stock split. What is the new par value per share? (Do not round intermediate calculation and round your answer to 3
b-1. The company declares a 1-for-5 reverse stock split. How many shares are outstanding now? (Do not round intermediate calculations.)
b-2. The company declares a 1-for-5 reverse stock split. What is the new par value per share? (Do not round intermediate calculation and round your answer to 2 decimal places, e.g., 32.16.)
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