11)Corp issued 200 shares of $2 par value stock. The book value of its common stockholders' equity is equal to $2,000. On August 1, it implements a two-for-one stock split. After the stock split, the total number of shares outstanding is , the total par value is and the total book value is

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07-02-2022
Business

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11)Corp issued 200 shares of $2 par value stock. The book value of its common stockholders' equity is equal to $2,000. On August 1, it implements a two-for-one stock split. After the stock split, the total number of shares outstanding is , the total par value is and the total book value is

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ewomazinoade ewomazinoade · Answer 1 · 2022-02-21T06:53:54-05:00

The total number of shares outstanding is 400.

The total par value of the stock is $400

The total book value of the stock is $400

What does a stock split mean?

A stock split is when a company increases the number of its shares outstanding by a predetermined and uniform number. After a stock split, the price of the shares falls. so it can be used to adjust the market price of a stock so it falls within a preferred trading range.

Number of shares outstanding = 200 x 2 = 400

The total par value = 200 x $2 = $400

The total book value = 200 x $2 = $400

To learn more about stock splits, please check: https://brainly.com/question/20377743

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What does a stock split mean?

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