Please answer in table form just like the question for easy understanding. (Question 3i) ...
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Accounting
Please answer in table form just like the question for easy understanding.
(Question 3i)
(Question 3ii)
The market value of Yeates Corporation's common stock had become excessively high. The stock was currently selling for $270 per share. To reduce the market price of the common stock, Yeates declared a 3-for-1 stock split for the 310,000 outstanding shares of its $12 par value common stock. Required: b. Determine the number of common shares outstanding and the par value after the split. (Round par value answer to 2 decimal places.) Number of common shares outstanding Par value per share after the split
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