Question: Element Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.25 per share. Common Stock. 65.00
Element Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.25 per share. Common Stock. 65.00 par. 326,000 shares authorized, 153,000 shares issued and outstanding $765,000 Pald - In Capital in Excess of Par-Common 120,000 Retained Earnings 306,000 Total Stockholders' Equity $1,191,000 After a 2-for-1 stock split, what is the number of issued shares? A 120,000 B. 306,000 OC. 240,000 D. 273.000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
