The owners' equity accounts for Vulcano International are shown here: Common stock ( $ . 5 0
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Question:
The owners' equity accounts for Vulcano International are shown here:
Common stock $ par value $
Capital surplus
Retained earnings
Total owners equity $
a
If the company declares a fiveforone stock split, how many shares are outstanding now? Do not round intermediate calculations.
a What is the new par value per share? Do not round intermediate calculations and round your answer to decimal places, eg
b If the company declares a oneforfour reverse stock split, how many shares are outstanding now? Do not round intermediate calculations.
b What is the new par value per share? Do not round intermediate calculations and round your answer to decimal places, eg
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