Question: O n December 1 , Marigold L t d . declared a 4 for 1 stock split when the market value was $ 4 4

On December 1, Marigold Ltd. declared a4 for 1 stock split when the market value was $44 per share. Prior to the split, there were
220000 shares issued at $44 and outstanding. After the stock split, the number of shares outstanding and the share capital balance
were
Shares
Capital
220000,$9680000
880000,$2420000
880000,$9680000
220000,$2420000
O n December 1 , Marigold L t d . declared a 4

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