This topic contains a solution. Click here to go to the answer

Author Question: Before a 3-for-1 stock split, the shares outstanding were 8,000 shares at $24 par. After the split, ... (Read 56 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by shenderson6 on Feb 18, 2020

rekilledagain

  • Sr. Member
  • ****
  • Posts: 337
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.
Answer Preview
Only 32% of students answer this correctly




shenderson6

  • Member
  • Posts: 573
Reply 2 on: Feb 18, 2020
Wow, this really help


lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

For a complete list of videos, visit our video library