Wookie Inc. has the following shareholders equity information at the beginning of the year: 1000 shares-$5 par value, issued and outstanding: $5,000 Additional Paid-In Capital: $45,000 Retained Earnings: $15,000 What would the above amounts be if Wookie' Board of Directors declares a 2:1 stock split? How many share would be outstanding after the stock split
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Wookie Inc. has the following shareholders equity information at the beginning of the year:
1000 shares-$5 par value, issued and outstanding: $5,000
Additional Paid-In Capital: $45,000
What would the above amounts be if Wookie' Board of Directors declares a 2:1 stock split? How many share would be outstanding after the stock split
Given:
| 1,000 shares-$5 par value, issued and outstanding | $ 5,000 |
| Stock Split | 2:1 |
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