Ballpark has 61,000 shares of $16.00 par common stock outstanding. Ballpark announces a stock split...
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Ballpark has 61,000 shares of $16.00 par common stock outstanding. Ballpark announces a stock split of 4-for-1. What is the effect of the split? O A. par stays at $16.00, total shares increase to 15,250 O B. par drops to $4.00; total shares increase to 244,000 O C. par goes to $64.00; total shares increase to 244,000 OD. par drops to $8.00, total shares stay at 61,000
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