Business, 03.12.2020 16:50 HourlongNine342
Atomic, Inc. had 100,000 shares authorized, and 10,000 shares issued and outstanding of its $2 par value common stock. At December 31, Common Stock equaled $20,000 and total stockholders' equity equaled $100,000 prior to a 2-for-1 stock split. As a result of a 2-for-1 stock split, .
A. the number of shares outstanding equals 5,000
B. the Common Stock equals $20,000
C. par value equals $4
D. par value equals $1
E. stockholders' equity equals $100,000
F. the number of shares outstanding equals 20,000
Answers: 3
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Atomic, Inc. had 100,000 shares authorized, and 10,000 shares issued and outstanding of its $2 par v...
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