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

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 new common equity section of the balance sheet look like?
 koko services inc has just declared a 2 for 1 stock

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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