Question: Zulu Corporation has 5 000 000 shares of 0 03 par value
Zulu Corporation has 5,000,000 shares of $ 0.03 par value common stock authorized, of which 750,000 shares were issued for $ 3,550,000 and are currently selling for $ 90 in the stock market. Zulu Corporation is considering a three- for- one stock split. What will be the impact of the stock split on Zulu Corporation?
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