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A corporation, which had 36,700 shares of common stock outstanding, declared a 5-for-1 stock split. Question Content Area a.  What will be the number of shares outstanding after the split? fill in the blank 6d98aa0e7fb202d_1 shares b.  If the common stock had a market price of $190 per share before the stock split, what would be an approximate market price per share after the split? $fill in the blank 6d98aa0e7fb202d_2 per share   Question Content Area c.  Journalize the entry for the stock split. If no entry is required, type "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. blank   - Select - - Select -     - Select - - Select -

A corporation, which had 36,700 shares of common stock outstanding, declared a 5-for-1 stock split. Question Content Area a.  What will be the number of shares outstanding after the split? fill in the blank 6d98aa0e7fb202d_1 shares b.  If the common stock had a market price of $190 per share before the stock split, what would be an approximate market price per share after the split? $fill in the blank 6d98aa0e7fb202d_2 per share   Question Content Area c.  Journalize the entry for the stock split. If no entry is required, type "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. blank   - Select - - Select -     - Select - - Select -

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A corporation, which had 36,700 shares of common stock outstanding, declared a 5-for-1 stock split.

Question Content Area

a.  What will be the number of shares outstanding after the split?
fill in the blank 6d98aa0e7fb202d_1 shares

b.  If the common stock had a market price of $190 per share before the stock split, what would be an approximate market price per share after the split?
$fill in the blank 6d98aa0e7fb202d_2 per share

 

Question Content Area

c.  Journalize the entry for the stock split. If no entry is required, type "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank.

blank
 
 - Select - - Select -
 
 
 - Select - - Select -
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