WED Corporation issued 350,000 shares of $ 4 par value stock. The book value of...
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Accounting
WED Corporation issued 350,000 shares of $ 4 par value stock. The book value of WED's common stockholders' equity is equal to $ 105 million. WED implements a two-for-one stock split. What is the total number of shares outstanding after the stock split? What is the par value per share after the split? What is the book value of equity after the split?
What is the total number of shares outstanding after the stock split?
The total number of shares outstanding after the stock split is? $
.
What is the par value per share after the split?
The par value per share after the split is $
.
What is the book value of equity after the split? (Enter your answer in millions as provided to you in the problem statement.)
The book value of equity after the split is $
million.
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