The owners'
equity accounts for Vidi International are shown here:
Common stock ($.40 par value)
$
40,000
Capital surplus
350,000
Retained earnings
768,120
Total owners’ equity
$
1,158,120
a-1.
If the company
declares a two-for-one stock split, how many shares are outstanding
now? (Do not round intermediate calculations.)
a-2.
What
is the new par value per share? (Do not round intermediate
calculations and round your answer to 3 decimal places, e.g.,
32.161.)
b-1.
If
the company declares a...