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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 6 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The owners' equity accounts for Alexander International are shown here.
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| Â | Â | Â |
| Â Â Common stock ($0.40 par value) | $ | 25,000 |
| Â Â Capital surplus | Â | 300,000 |
| Â Â Retained earnings | Â | 668,120 |
| Â | Â | Â |
|      Total ownersAc€?c equity | $ | 993,120 |
| Â | Â | Â |
| Â | ||
 Â
| a-1 |
If Alexander declares a four-for-one stock split, how many shares are outstanding now? |
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| Â Â New shares outstanding | Â Â |
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| a-2 |
What is the new par value per share? (Round your answer to 3 decimal places. (e.g., 32.161)) |
 Â
|   New par value | $  per share  |
 Â
| b-1 |
If Alexander declares a one-for-five reverse stock split, how many shares are outstanding now? |
 Â
| Â Â New shares outstanding | Â Â |
 Â
| b-2 |
What is the new par value per share? (Round your answer to 2 decimal places. (e.g., 32.16)) |
 Â
|   New par value | $  per share  |
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