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Tortoise Cleaning Corporation had 90,000 shares of common stock outstanding on June 1, 2015, with each share having a $20 par value. The corporation announced
Tortoise Cleaning Corporation had 90,000 shares of common stock outstanding on June 1, 2015, with each share having a $20 par value. The corporation announced a 4-for-1 3. stock split on this date. Prior to the split, Jen Vester held 2,000 shares of the corporation's common stock. Determine the total number of shares outstanding and the par value of each share after the stock split. Will Jen have a change in ownership after the split
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