the owners’ equity accounts for Quadrangle International are shown here:
Common stock ($1 par value) 30,000
Capital surplus 285,000Retained earnings 649180
Total owners’ equity 964180
Quadrangle declares a four-for-one stock split. How many shares are outstanding now? What is the new par value per share?
Quadrangle declares a one-for-five reverse stock split. How many shares are outstanding now? What is the new par value per share
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