Question: Question & (of 7) Save&Ext Submit Time remeining: 4:01:45 6. 3.00 points The company with the common equity accounts shown here has decided on a
Question & (of 7) Save&Ext Submit Time remeining: 4:01:45 6. 3.00 points The company with the common equity accounts shown here has decided on a two-for-one stock split. The irm's 46-cent-per-share cash dividend on the new (postsplit) shares represents an ncrease of 10 percent over last year's dividend on the presplit stock Common stock ($1 par value) Capital surplus Retained eamings 5 420,000 1,550,000 3,868,000 $5,838,000 Total owners equity what is the new par value of the stock? (Do not round intermediate calculations and round your answer to 2 decimal places. 3216) New par value What was last year's dividend per share? (Do not round intermediate calculations and round your answer to 2 decimal places,o.g.32.16.) Dividends per share last year per share References Book & Resources
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