Question: Share split: On December 1, P Corporation split its share capital 3 for 2 when the market value was P65 per share. Prior to the

Share split:

On December 1, P Corporation split its share capital 3 for 2 when the market value was P65 per share. Prior to the split, P had 200,000 shares at P15 par value share capital.

Q31How many shares will be issued by P in exchange for the old shares?

Q32What was the par value per share after the split?

Q33If in the above, P's shares are split 1:4, how many shares will be issued by P in exchange for the old shares?

Q34In relation to Q33, what was the par value per share after the

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