Below is a partial balance sheet of WOU Berhad The company declared a 2 for 1 stock split i) Calculate the new par value ii) Calculate the new numbers of share outstanding Common stock (RM 2) Premium Retained earnings Total Net Worth RM40,000,000 RM25,000,000 RM20,000,000 RM85,000,000 Common stock ...

solution Per value of common stock before st ...

Below is a partial balance sheet of WOU Berhad The company declared a 2 for 1 stock

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Below is a partial balance sheet of WOU Berhad

The company declared a 2 for 1 stock split.

i) Calculate the new par value.

ii) Calculate the new numbers of share outstanding.

Related Book For answer-question

Financial Accounting

ISBN: 978-0073526881

6th Edition

Authors: Libby, Short

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Posted Date: Oct 29, 2022 01:41 AM

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Below is a partial balance sheet of WOU Berhad The company declared a 2 for 1 stock

Question:

Common stock (RM 2) Premium Retained earnings Total Net Worth RM40,000,000 RM25,000,000 RM20,000,000 RM85,000,000 Common stock (RM 2) Premium Retained earnings Total Net Worth RM40,000,000 RM25,000,000 RM20,000,000 RM85,000,000

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Financial Accounting

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