You have just obtained your MBA and obtained your dream job with a large corporation as a manager trainee in the corporate accounting department. Your employer plans to offer a 3-for-1 stock split.The stock has been selling for a market price of $300.00

Requirement. one (1)

1. Briefly indicate the accounting entries necessary to recognize the split in the company's accounting records.
2. Explain the effect the split will have on the company's balance sheet.
3. Describe and explain the purpose of a stock splits versus a stock dividend.
4. Discuss the effects of the stock price the day after the stock split
5. Amazon stock is currently selling at over $3,000 per share(Amazon)( )?

• What is your Amazon stock worth if you own 100 shares?(Assume $3,000 per share)?
• Assume Amazon hasa 6 to one stock split.
• How many Amazon stock would you now own?
• What would your stock be worth immediately after the split?(Assume no other market factors other than the split.)

https://www.google.com/search?sxsrf=ALeKk02OSvimLUx7GB5r-BGrIToKw2tDOw%3A1603559701828&source=hp&ei=FWGUX8afMIjZ-gSl_7bgDg&q=amazon+stock+price&oq=Amazon+stock+&gs_lcp=CgZwc3ktYWIQARgAMggIABCxAxDJAzIFCAAQsQMyBQgAELEDMgUIABCxAzIFCAAQsQMyBQgAELEDMgIIADIFCAAQsQMyBQgAELEDMgIIADoHCCMQ6gIQJzoHCC4Q6gIQJzoECCMQJzoICAAQyQMQkQI6BQgAEJECOgQIABBDOggIABCxAxCDAToECC4QQzoICC4QsQMQgwE6BwgjEMkDECc6CwgAELEDEIMBEJECOgcIABCxAxBDOggILhDHARCvAVCUEFi6JGCrMmgBcAB4AIABVogB9QaSAQIxM5gBAKABAaoBB2d3cy13aXqwAQo&sclient=psy-ab#scso=_A5CcX-_YDsK90PEPqu6h0Ak21:0 here is the link