In September, the board of directors of chaparral steel approved a 2 for 1 stock split. After the split, how many shares of chaparral steel stock will an investor have if he or she owned 230 shares before the split?

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A: It is assumed that there are only two shareholders in the company viz. A and B. Then, Total share…

Q: On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 80 million,…

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Q: On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 60 million,…

A: General JournalDate: June 13Debit: Paid-in capital - excess of par ($25 million)Credit: Common stock…

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A: Annual preferred dividend = 3,000 x 6 = 18,000

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Q: On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 80 million,…

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A: CALCULATION FOR JOURNAL ENTRIES AMOUNTS :   DATE  WORKING     MAY 5 , 2020 800 SHARES X $20 =…

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A: Variables in the question:No. of board members to be elected next month=7

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Q: On January 1, 2021, Oriole Corporation had 1,020,000 shares of common stock outstanding. On March 1,…

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Q: Calculate the basic earnings per share.

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Q: a. If an investor had 5,750 shares before the split, how many shares will the investor have after…

A: In reverse stock split the small stocks are converted into large single stock to increase value of…

Q: On January 1, 2020, Addy Company had 110,000 shares issued and 100,000 shares outstanding. The…

A: Gven, Shares outstanding on Jan 1, 2020 = 100,000 shares Shares issued on march 1 = 15,000 Treasury…