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Author Question: Before a 3-for-1 stock split, the shares outstanding were 8,000 shares at $24 par. After the split, ... (Read 125 times)

shenderson6

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on: Feb 18, 2020
Before a 3-for-1 stock split, the shares outstanding were 8,000 shares at $24 par. After the split, what was the par value and number of shares?
◦ 24,000 shares and $8/share
◦ 8,000 shares and $192/share
◦ 32,000 shares and $24/share
◦ 24,000 shares and $24/share
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by shenderson6 on Feb 18, 2020

rekilledagain

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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shenderson6

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Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)

ghepp

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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