Question: Question 35 (2.5 points) The following data is used for TWO questions. (1 of 2) Oates Corporation has 100,000 shares of $1 par value stock

Question 35 (2.5 points) The following data is used for TWO questions. (1 of 2) Oates Corporation has 100,000 shares of $1 par value stock outstanding. The corporation issues a 4-for-1 stock split. The number of shares outstanding after the split will be: 400,000 shares. 200,000 shares. 100,000 shares. 25,000 shares. Question 36 (2.5 points) The following data is used for TWO questions. (2 of 2) Oates Corporation has 50,000 shares of $10 par value stock outstanding. The corporation issues a 4-for-1 stock split. The 4-for-1 stock split would cause: the market price per share of the stock to increase. O retained earnings to decrease. the market price per share of the stock to decrease. O retained earnings to increase
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