Question: The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding. $ Market Value Balance

 The balance sheet for Sinking Ship Corp. is shown here in

The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding. $ Market Value Balance Sheet 45,500 Equity 490,000 $ Cash Fixed assets 535,500 Total $ 535,500 Total $ 535,500 If the firm does a two for one stock split, how will the number of shares outstanding, Market value of equity, cash and fixed assets change? What will be the new price per shares

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