Question

For the company in problem 19.2, show how the equity accounts will change in each case.
a. Hexagon declares a four-for-one stock split. How many shares are outstanding now? What is the new par value per share?
b. Hexagon declares a one-for-five reverse stock split. How many shares are outstanding now? What is the new par value per share?


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  • CreatedJune 17, 2015
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