Question: A corporation, which had 3 1 , 9 0 0 shares of common stock outstanding, dedared a 5 - for - 1 stock split. a

A corporation, which had 31,900 shares of common stock outstanding, dedared a 5-for-1 stock split.
a. What will be the number of shares outstanding after the split?
shares
b. If the common stock had a market price of $200 per share before the stock split, what would be an approximate market price per share after the split?
per share
c. Joumallze the entry to record the stock splt. If no entry is required, type "No Entry" and leave the amount boxes blank.
A corporation, which had 31,900 shares of common stock outstanding, dedared

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