Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please answer parts a through c. a firm has.

Please answer parts A through C. A firm has...

70.2K

Verified Solution

Question

Accounting

Please answer parts A through C. image
image
image
A firm has 2,620,000 authorized shares, 590,000 issued shares, and 440,000 outstanding shares before completing a stock split. The shares have a par value of $0.12. The firm completes a forward 2-for-1 split. How many authorized shares does the firm have after the stock split? Your Answer: Answer A firm has 3,240,000 authorized shares, 600,000 issued shares, and 360,000, outstanding shares before completing a stock split. The shares have a par value of $0.08. The firm completes a forward 2-for-1 split. How many issued shares does the firm have after the stock split? Your Answer: Answer A firm has 2,620,000 authorized shares, 570,000 issued shares, and 430,000 outstanding shares before completing a stock split. The shares have a par value of $0.13 before the stock split. The firm completes a reverse 4-to-1 split. What is the value in the common stock account before the stock split? Your

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

research the big food food system and golbal health? bid food

Biology
Q

Using the Internet, conduct a thorough search for more information on using charts in Excel and...

Programming
Q

A certain process takes place in the mitochondria of eukaryotic cells that consists of a...

Biology
Q

Find the value of x A D X X 8 E 12 C 6x B

Geometry
Q

1 point FORMULA FROM CUBIC GRAPH The figure shows the graph of a cubic polynomial...

Geometry
Q

The question says "factor 4x - 12x + 5". What number combinations need to be...

Basic Math
Q

43 Express the following using exponents 1282 204

Algebra
Q

Before doing and saying violating honor code I want to make it clear...

Accounting
Q

Matthew, Incorporated, owns 30 percent of the outstanding stock of Lindman Company and has the...

Accounting
Q

1. On January 1, 2020, purchased office furniture for $14,000. 2. On March 1, paid...

Accounting
Q

Ring World produces class rings. Its best-selling model has a direct materials standard of 14...

Accounting
Q

Keith holds a portfolio that is invested equally in three stocks (WD = WA =...

Finance