Question: koko services inc has just declared a 2 for 1 stock split. The company's pre split price of common stock was 28.50. what will the
2. Koko Services, Inc, has just declared a 2-for-1 slock split The company's pre-split common stockholders' equity was as fillows If the pre-split price of common stock was $28 50, what will the new common equity section of the halance sheot look like? Show all of your cakculation work and label all of your work so I can follow your calculation process. Par Price Common stock (1,000000 shares, $2.50 par) Paid in excess Retained earnings Total common stockholders' equity Book vaue per share $2.50 $2,500 9,000,000 7,000,000 $18,500,000 $18 50
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