Waterway Corporation splits its common stock 2 for 1, when the market value is $89 per...
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Waterway Corporation splits its common stock 2 for 1, when the market value is $89 per share. Prior to the split, Waterway had 100000 shares of $20 par value common stock issued and outstanding. After the split, the par value of the stock O remains the same. O is reduced to $10 per share. O is reduced to $2 per share. O is reduced to $40 per share. Waterway Corporation splits its common stock 2 for 1, when the market value is $89 per share. Prior to the split, Waterway had 100000 shares of $20 par value common stock issued and outstanding. After the split, the par value of the stock O remains the same. O is reduced to $10 per share. O is reduced to $2 per share. O is reduced to $40 per share. Waterway Corporation splits its common stock 2 for 1, when the market value is $89 per share. Prior to the split, Waterway had 100000 shares of $20 par value common stock issued and outstanding. After the split, the par value of the stock O remains the same. O is reduced to $10 per share. O is reduced to $2 per share. O is reduced to $40 per share.
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Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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