# Question

For the company in Problem 2, show how the equity accounts will change if:

a. Octagon declares a four-for-one stock split. How many shares are outstanding now? What is the new par value per share?

b. Octagon declares a one-for-five reverse stock split. How many shares are outstanding now? What is the new par value per share?

a. Octagon declares a four-for-one stock split. How many shares are outstanding now? What is the new par value per share?

b. Octagon 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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