Question: Before a 2 - for - 1 stock split, the shares outstanding were 60,000 shares at $70 par. After the split, what was the par
Before a 2 - for - 1 stock split, the shares outstanding were 60,000 shares at $70 par. After the split, what was the par value and number of shares? A. 30,000 shares and $70/share B. 30,000 shares and $35/share C. 120,000 shares and $70/share D. 120,000 shares and $35/share
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
