09 -S Presler Company declared a 2-for-1 stock split on its common stock in order to intentionally reduce the market value of its stock so that it would be an attractive investment for a larger set of investors. Presler's common stock before the split is described as follows: Common stock: 100,000 shares outstanding, $10 par value, originally sold at $12.50, current market price $50. Describe the expected impact, if any, that the 2-for-1 stock split will have on: a. the number of shares outstanding. b. the market price of the stock. c. the total stockholders' equity attributable to common stock. Complete this question by entering your answers in the tabs below. Required A Required B Required C the number of shares outstanding. the number of shares outstanding. www

Presler Company declared a 2 -for-1 stock split on its common stock in order to intentionally reduce the market value of its stock so that it would be an attractive investment for a larger set of investors. Presler's common stock before the split is described as follows: Common stock 100,000 shares outstanding, $10 par value, originally sold at $12.50, current market price $50. Describe the expected impact, if any, that the 2 -for-1 stock split will have on: a. the number of shares outstanding: b. the market price of the stock. c. the total stockholders' equity attributable to common stock. Complete this question by entering your answers in the tabs below. the number of shares outstanding